Owner Financed Mortgage Calculator

Are you considering an owner-financed mortgage for your property purchase? It’s essential to understand the financial implications of such an arrangement. Our Owner Financed Mortgage Calculator is a handy tool designed to help you estimate your monthly payments with ease.


The calculator uses the formula for calculating monthly mortgage payments:



  • M is the monthly payment,
  • P is the loan amount,
  • r is the monthly interest rate (annual rate divided by 12), and
  • n is the total number of payments (loan term in years multiplied by 12).

How to Use

  1. Enter the loan amount in dollars.
  2. Input the annual interest rate in percentage.
  3. Specify the loan term in years.
  4. Click the “Calculate” button to get your estimated monthly payment.


Let’s say you’re looking at a $150,000 owner-financed mortgage with a 5% annual interest rate and a 10-year term. After entering these values and clicking “Calculate,” you’ll find your monthly payment.


  1. What is an owner-financed mortgage? An owner-financed mortgage is a home loan where the seller acts as the lender, allowing the buyer to make payments directly to them.
  2. Why use the calculator? Our calculator provides a quick estimate of your monthly payments, helping you plan your budget effectively.
  3. Can I trust the results? The calculator provides an estimate; actual payments may vary based on additional factors.
  4. Is the calculator suitable for commercial properties? It’s primarily designed for residential properties; consult with financial experts for commercial real estate.
  5. How frequently should I make payments? The calculator provides monthly payment estimates.


Understanding the financial commitments of an owner-financed mortgage is crucial for making informed decisions. Use our Owner Financed Mortgage Calculator to get a quick estimate of your monthly payments and plan your budget wisely. Always consult with financial advisors for personalized advice.

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