Single family · MI · Residential
Asking price
$157,300
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.
75¢on the $1
25% 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.
~21.26%
Annualized — auto-calculated
Performance
Interest rate
Loan to value
Monthly payment
Payments left
≈ 12y 8m
Lien position
Reverse-mortgage receivable — payoff at sale or maturity of the estate. Well-kept single family in Detroit, MI. Back on track 13 months after a modification — consistent since. Selling to consolidate holdings.
Note rate 11.97% · $2,948/mo · 12y 8m left
The remaining schedule a buyer receives — it amortizes the current balance (UPB) of $209,455 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, $10,889 goes to principal and $24,487 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.
🔒 Sign in to request access
This platform does not broker transactions and does not provide legal, tax, financial, investment, or lending advice.
©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