Free seller tool
Owner financing payment calculator for land sellers
Plug in a price, a down payment, a rate and a schedule. See the monthly payment, the total interest, the balloon and what you would actually collect. No email required, and nothing leaves your browser.
- No commissions, no fees, no repairs
- Written cash offer, no obligation
- You pick the closing date
Get your no-obligation cash offer
Takes about 60 seconds. No cost, no pressure.
- Cash or flexible termsNo bank approval, no financing contingency
- Title company closingLicensed Texas title handles it
- $0 fees or commissionsThe offer is what you receive
- Written, no-obligation offerDecline anytime, no cost
- Texas-based buyerTexas landowners and families
What the note looks like
- Amount financed
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- Monthly payment
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- Interest over the note
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- Balloon payment
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- Total you collect from the buyer
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- Down payment as share of price
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Compare with a cash sale
How to read these numbers like a seller, not a spreadsheet
A payment calculator answers one question: what does the note look like on paper. It cannot answer the questions that decide whether owner financing is a good idea. Will the buyer pay? What happens if they do not? Can you live without the cash for ten years? Use the tool to get the shape of the deal, then pressure-test it with the guides below.
Three numbers worth staring at
- The down payment share. This is the buyer's skin in the game. A buyer with little at stake can leave. A buyer with a large stake rarely does.
- The balloon. A short balloon on a long schedule keeps the monthly payment low and your exposure short. It also forces the buyer to refinance or sell, which a lot of buyers cannot do on schedule.
- Total interest. This is the income side of the deal. It is also taxable income, so ask a CPA what you keep.
Where to go next
- Selling Texas land with owner financing: the full guide
- What down payment and interest rate to ask for
- Owner financing vs a cash offer
- What to do if the buyer stops paying
- Taxes on an owner-financed sale
If the math makes you think a clean cash sale sounds nice, send us the parcel details and we will give you a written offer to compare. We buy land for cash. We buy for cash, and we can also buy on owner-financed or other creative terms when a deal calls for it.
Buying and need financing? See DSCR and investor loans from Wise Capital Mortgage, an Austin mortgage broker (NMLS #2092335). Investors can register for land and deal opportunities.
Cash is simple. Some land needs more than that.
We buy for cash when that works. When a deal needs it, we get creative: owner-financed purchases, notes, partnerships and development.
Cash offer
A written offer within 24 hours. Closing typically takes 7 to 30 days, or on the date you choose. No commissions or fees.
Owner financing and notes
Want a down payment and payments over time? We can buy your land on owner-financed terms, and we can talk about buying an owner-financed note you hold.
Partnerships and entitlement
Land with development potential? We partner with landowners, buy entitled land and take properties through entitlement.
There is no one-size-fits-all land deal. Each one can have its own lenders, financials and offers, so contact us for details.
Tell us how you want to be paid How owner financing works → Investor? Register for deals →
Common questions
How is the monthly payment calculated?
The calculator uses the standard amortization formula. It takes the amount financed (price minus down payment), the monthly interest rate (annual rate divided by 12) and the number of monthly payments on the schedule, then solves for the level payment that pays the loan off by the end of that schedule.
What is the difference between the amortization schedule and the balloon year?
The schedule sets how small the monthly payment is. The balloon year sets when the buyer must pay whatever balance is left. A 20-year schedule with a 5-year balloon means payments sized like a 20-year loan, with the remaining balance due after year five.
Does this calculator tell me what rate is legal in Texas?
No. Texas limits interest rates on loans, and the limit depends on the type of loan and how it is documented. Ask a Texas attorney to confirm your rate before you put it in a note.
Does it include property taxes or insurance?
No. Those are separate costs. Many sellers require the buyer to pay property taxes directly and show proof each year.
Is this tax advice?
No. Interest you receive is taxable income, and gain on the sale may be reportable under the installment method. Ask a CPA how it applies to your sale.
Do you offer owner financing?
Yes. We buy for cash, and we can also buy on owner-financed or other creative terms when a deal calls for it. Tell us what you need and we will put the options in writing.
Ready to see what your property is worth to us?
Tell us about it in 60 seconds. You will get a straight answer, with no obligation and no pressure.