Loans & borrowing · Free calculator

Mortgage Seller Concession Usable Credit Calculator

Estimate how much of an offered seller credit can cover entered eligible closing costs.

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01 / Set your scenario

Your inputs

02 / Review your estimate

Estimated results

Example values are prefilled. Edit the inputs to model your own scenario.

Method and assumptions

Uses only costs already confirmed as eligible for the credit. The offered credit is a ceiling. Unused credit is not treated as cash to the borrower.

Sources and related guides

Compare full loan costs and usable cash

The specialist result above covers its stated question. Use this common worksheet to compare a fixed-rate monthly loan on the same basis as other FinToku tools. Enter every field; use 0 only for a cost that does not apply. Amounts are USD.

Principal already includes the financed fee: do not add it again. Record the combined financed/withheld charge once in the included-fees field. An outside cash fee is separate. A creditor payoff is a use of proceeds, not another fee. Enter a balloon only if it is additional to the regular payments.

No loan summary calculated. Missing costs are not treated as zero.

Compare three equal-cash offers · Check a payment against your budget.

Check the complete monthly housing budget

A specialist tax, escrow, HOA or insurance result can cover only part of the housing bill. Enter each component once below. Annual taxes and property insurance are divided by 12; mortgage insurance and the remaining fields are monthly. A combined mortgage bill must be split before entering it as principal and interest.

No housing summary calculated. Unknown components stay blank.

Upfront closing cash, deposit timing, temporary assessments after the entered period and later cost changes are separate. This total is a household budget, not a servicer’s statement. Test tax and insurance increases.

Method, assumptions and result checks

What this tool covers: Estimate how much of an offered seller credit can cover entered eligible closing costs.

Review the calculator’s worked examples, formulas, timing and exclusions in the sections below. Input units and payment frequency matter. A displayed APR is not necessarily the interest rate used by the model. Tax, investment, daily-interest and specialist loan models have different rules.

Interface and accessibility reviewed November 8, 2026. This is not a certification of current rates, tax tables or every financial statement. Verify important results against actual documents.

Monthly loan formulas and worked examples · Build questions for your lender

Estimate how much of an offered seller credit can cover entered eligible closing costs.

Learn more about this calculation

Review these related guides before comparing estimates with actual lender terms.

Published by Saad Faisal · last updated November 4, 2026. Results are estimates for planning, not financial advice.

Guides that use this calculator

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When a Seller Concession Exceeds Eligible Closing Costs

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Compare a Smaller Seller Credit With Your Actual Closing Cash Need

A credit below the eligible cost total leaves a difference that still has to be funded.

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Mortgage Seller Credit vs Temporary Buydown: Closing Worksheet

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