Feel free to use these calculators as much and as often as you wish. They can be a real eye-opener when you are going through your “what if” scenarios. If you need help with any of them, or want to discuss the results, don’t hesitate to give me a call at 303-909-2365.
Unpaid Balance By entering the original mortgage amount, interest, term, and number of payments made, a current unpaid balance is easily determined.
High-Low Estimate This is a rough estimate of approximately what the seller will net from the sale of their home based on two different sales prices. Since the specifics of an individual contract are unknown at this point, it is meant to give the seller an idea of what they might be able to expect to net from the sale of their home.
Hold or Sell & Buy This analysis can show a homeowner whether a decision to stay in the home or to sell it and buy another home will result in a larger net worth at the end of an anticipated time period.
Refinance Analysis This calculates how many months the owner will need to remain in the home to recapture the costs of refinancing. The decision to refinance a home is made on the feasibility of recapturing the expense involved in refinancing before the home is sold.
2/1 Buydown This illustrates how the home may be more marketable by offering financing concessions to the buyer rather than lowering the price.
3/2/1 Buydown This illustrates how the home may be more marketable by offering financing concessions to the buyer rather than lowering the price.
Financing Concessions This form is meant to show an application of seller-paid funds toward a 2-1 Buy Down and Buyer closing costs. This could be used to increase the marketability of a listing or to construct a seller’s counteroffer.
Seller’s Net Sheet This is an estimate of what the seller’s closing costs will be based on a specific offer on the home.