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Updated over 1 year ago,
Mortgage Calculator for Seller Finance HELP
Hi all!
Im trying to figure out the financial side of a seller finance deal and need some help.
Basically what im trying to figure is a way to make a balloon calculator in excel based of the following criteria
I want the payment to be $500 a month, 3% rate, 175,000 purchase price, 5 year balloon. How do I calculate what the balloon payment will be after 5 years and how do I create a amortization schedule?
Any help is much appreciated it!!