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selling my house by owner need a calculator?

I am selling my house and I am self financing it completely and I need a calculator to help me find what I should charge monthly and how much of that goes to interest and how much goes towards the principal? Not quite sure if I am asking this right but that's about the jiffs of it. thank you very much for any help Also any help on how the taxes would work it would be very helpful too. New to this and want to get it right. :-)

4 weeks ago - 3 answers

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Chosen by Asker

Go to the web and search on amortization calculators. You do know you have to charge interest and declare it on your taxes, right?

by the tax lady

4 weeks ago

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Other Answers

LOL. If you have a computer, then EXCEL can do that for you. It takes about a 9th grade education to do it.

by Ryan M- 4 weeks ago

Use the following loan calculator. Click on "Show/Recalculate Amortization Table" to get the break down of interest/principle for each month as well as total interest paid for the term of the loan. www ...

by Mike- 4 weeks ago