All Forum Posts by: Chaz Spackman

That’s what I was thinking but just wanted to verify. Thank you!

I am trying to analyze a seller finance deal but am having a hard time getting the numbers I need from the bigger pockets calculator. The deal is $98,500 asking price with approx $17,000 down at $375/month over a ten year term at 4.5% interest. With the term being only 10 years at $375 that doesn’t cover the full asking price. Does this mean I would owe the remaining amount after the 10 years in full? I am going to see the home tomorrow and will be able to figure this out, but just figured if I could get a head start on it tonight and know my offer before tomorrow I’ll be much more prepared. Appreciate your help in advance!