Foreclosure risk of loss calculator FREE from mortgage-investments.com, Inc.
Only change the content of the yellow boxes. Value of property: Amount of loan: Interest rate: # of months for loan amortization: Use 999 for interest only. Payment : Cost of legal action: # of months to foreclose: Loss of income during foreclosure: Clean-up costs: Insurance coverage: Property taxes not paid: Discount off value for quick sale: Selling costs: Sales price: Net after sales costs: $100,000 $75,000 14% 999 ($875) $1,800 4 $3,500 $1,000 $200 $2,000 10% 7% $90,000 $83,700
Profit/Loss to lender $200 Profit if positive, loss if negative Allows for all costs including legal, cleanup etc. This worksheet may be forwarded and distributed freely provided it is not altered in any way. Copyright Mortgage-investments.com, Inc. 2002 http://www.mortgage-investments.com