Calculator
Seller note calculator
Model a seller-financed portion of the price: payments, total interest, and how a deferral or standby period changes the schedule.
How it works
During a deferral period you choose one of three treatments: interest-only payments, interest accruing and added to the balance (no payments), or no payments and no interest. After the deferral, the balance is amortized monthly over the remaining term.
A qualifying note counted toward an SBA equity injection must be on full standby, with no payments, for the whole SBA loan term. To model repayment after that standby ends, set the deferral equal to the SBA term and the note's total term longer, for example a 10-year deferral within a 15-year note. This calculator does not model balloon payments and requires a repayment period after deferral. Confirm the treatment with your lender and attorney. See Seller notes and full standby.