Full Purchase
Example

To demonstrate the many ways one can convert a stream of payments into cash, we have provided you with example offers based on the following note information.

Original amount $157,500
Balance remaining $156,120.00
Interest rate 10.25% (fixed)
Term 120 months
Down Payment received $17,500.00
Number of payments received 12
Total amount received $14,110.00
Balloon amount due $143,850.00
Balloon due date1/16/2006

.Total #
Optioned		Payment
Sequence		Payment
Amount		Purchase
Price		Future
Value
Full Payments:
Seller:
Split Payments 1:10813-120$1,000.00$64,090.00
Seller:10813-120$411.00$45,210.00
Split Payments 2:
Seller:
Balloon:80%$115,080.00$33,130.00
Seller:20%$28,770.00$28,770.00

Investor Comments

In this split-payment purchase the investor is offering to convert $1,000.00 of the next 110 payments for $64,090.00. Each month the seller will collect the balance of $411.00. The investor is also willing to convert 80% of the balloon payment ($115,080.00) into $33,130.00 cash. The seller will receive the remaining 20% when the balloon payment is made in 110 months.
SUMMARY
Cash to Seller from Investor:$97,220.00
Total Cash at Closing:$97,220.00
Remaining Balance to be Reverted back to Seller
Full Payment:
Split Payments 1:$45,210.00
Split Payments 2:
Balloon Payment:$28,770.00
Down Payment received:$17,500.00
Total Amount Received:$14,110.00
Total Money to Seller
from
Mortgage/Annuity:		$202,810.00