Partial 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:6013-72$1,411.0055335.00
Seller:4873-120$1,411.00$67,728.00
Split Payments 1:
Seller:
Split Payments 2:
Seller:
Balloon:80$115,000.00$31,500.00
Seller:20$28,850.00$28,850.00

Investor Comments

In this partial purchase the buyer is offering to convert the next 60 payments from payment 13-72 and also convert 80% of the future balloon payment. The seller will collect the last 48 payments from 70-120 and 20% of the balloon when it is paid in 10 years.
SUMMARY
Cash to Seller from Investor:$86,835.00
Total Cash at Closing:$86,835.00
Remaining Balance to be Reverted back to Seller
Full Payment:$67,728.00
Split Payments 1:
Split Payments 2:
Balloon Payment:$28,850.00
Down Payment received:$17,500.00
Total Amount Received:$14,110.00
Total Money to Seller
from
Mortgage/Annuity:		$215,023.00