Mobile / manufactured · MI · Residential
Asking price
$162,800
Price / balanceWhat you'd pay per $1 of remaining (unpaid) loan balance. Buying below the balance ('at a discount') is how note buyers boost yield above the note's interest rate.
89¢on the $1
11% below balance
Est. yield at askingThe annualized yield (IRR) a buyer would earn paying the asking price for this note's remaining payments, computed from the stated terms. An informational estimate — not investment advice. Use the calculator below to run your own price.
~20.41%
Annualized — auto-calculated
Performance
Interest rate
Loan to value
Monthly payment
Payments left
≈ 1y 6m
Lien position
Builder loan with inspection-released draws. Well-kept mobile manufactured in Detroit, MI. Borrower has never missed a payment; 47-month spotless pay history. Selling to consolidate holdings.
Note rate 10.03% · $1,534/mo · 1y 6m left · balloon in 1y 6m
Includes a balloon payoff of $183,499 at month 18.
The remaining schedule a buyer receives — it amortizes the current balance (UPB) of $183,503 at the note rate, not the original balance (those earlier payments went to the prior holder).
Tap or hover a month to inspect it. Over these 12 months, $3 goes to principal and $18,405 to interest.
Calculated from the note's stated terms and the purchase price you enter. These figures are not investment advice and not a Note Central projection of returns. Verify all terms during due diligence.
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©2026 Note Central. All rights reserved. Information herein is provided by the seller and deemed reliable but not guaranteed — verify all information independently. Generated on 06/17/2026