Suggestions

:speech_balloon:

Seller/Owner Finance Option (Takeback mortgage)

Would be nice to see an option in addition to “Sale” for housing. One where we could model a seller finance option. This would especially helpful for those with rental property looking to exercise this option in order to spread out taxable income over many years and add a passive income stream. Could be very similar to the mortgage inputs, but as an income instead of liability.

(edit from PL) I think this is also sometimes called a Seller takeback mortgage, or Vendor Takeback mortgage. Adding this note for searchability.

2 votes

Tagged as Suggestion

Suggested 01 October by user Sean Rooks