What does carrying the note actually pay you?
Every calculator on the internet serves the buyer. This one serves the seller: your price, your terms, and what “being the bank” earns before the balloon, versus handing the whole gain to one tax year.
$
%
%/yr
years
years
Down payment at closing$67,500
Note you carry$382,500
Monthly payment to you$2,418
Interest income over 5 yrs$120,622
Balloon payoff (year 5)$358,062
Total received by balloon$570,622
vs. a lump-sum sale: $120,622 of extra income for waiting, plus the gain lands across 6+ tax years (IRS §453 installment sale) instead of one.
Educational only: not tax, legal, or investment advice, and not an offer to lend. Installment-sale treatment has rules (talk to your CPA). If your buyer will live in the property, federal law requires a licensed loan originator to paper the note. Our desk does exactly that.