Sale Price |
$ 75,000 |
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| Down Payment | $ 10,000 |
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| Loan #1 | 8.5 % interest | $ 30,000 |
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Loan #2 |
18 % interest | $ 30,000 |
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| Wraparound Loan | 13% interest | $ 65,000 |
|
Buyer's Monthly Payment |
to seller | $ 719.03 |
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Seller's Payment |
to Loan Co. #1 | $ 230.67 |
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| Seller's Payment | to Loan Co. #2 | $ 452.13 | |
| Seller's Net | $ 36.23 |
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