A price reduction is easier to discuss when both of you can see what it actually does. Enter the current price and the price under consideration, and this will show the change to the buyer’s monthly payment, the change to the seller’s net, and whether the new price crosses a bracket buyers actually search in.
The Numbers
$
$
%
%
%
Total seller-side costs as a percentage of sale price. Adjust to your market and agreement.
—
Price reduction
Buyer’s monthly payment
—Principal and interest only.
Change to seller’s net
—Before mortgage payoff.
Monthly principal & interest
Search bracket
Please read before using this with a client.
- Every figure here is an estimate produced from the inputs above. It is not lender, legal, tax, appraisal, or investment advice, and it is not a comparative market analysis.
- Payment figures are principal and interest only. They exclude property taxes, insurance, mortgage insurance, HOA dues, and any other monthly obligation. A buyer’s actual payment will be higher.
- Actual loan terms, rates, and qualification are determined by a licensed lender. Confirm any figure a client may rely on before they rely on it.
- The seller net figure is before mortgage payoff, prorations, negotiated concessions, and any repair credits. It reflects only the change produced by the price difference.
- Search bracket behavior varies by portal, by market, and by how individual buyers set their filters. Treat it as a directional consideration, not a rule.