Excel Spreadsheets

Your buyer may have the down payment, but are their financials strong enough to keep up with your Seller Financed mortgage? With this spreadsheet, you’ll be able to easily calculate their debt load before you hand them the keys. After inputting the borrower and co-borrower’s gross income, payroll deductions and monthly expenses, you’ll be able to instantly determine if their debt-to-income ratio falls within standard guidelines.

By entering in some basic details, this spreadsheet will generate a payment schedule for the entire life of your investment. The Owner Financing Amortization Schedule also allows you to set a balloon payment date for your note and can estimate payments for notes with terms up to 50 years. You’ll be able to see the impact of the payments on principal balance, and how much of each payment is interest, taxes, and insurance.