Catherine BellEmpowering Women to Create Financial Freedom Through Passive Income, Real Estate, and Social Impact

Owner Financing RV Park Deal: Calculate Your Payments NOW! #shorts

3 Aug 2026 · 2 min

Watch on YouTube

1:39

In this YouTube short, the speakers discuss drafting an owner‑financing term sheet for a $600,000 RV park. The primary speaker outlines a financing structure offering three down‑payment options—10% ($60,000), 15% ($90,000), and 20% ($120,000)—with a 2‑year loan term, a 20‑year amortization schedule, and a balloon payment due at the end of the term (with a possible extension to three years). Assuming a 6% interest rate, the speaker calculates the monthly payment for the 10% down scenario as approximately $3,869, leading to total payments of about $92,000 over 24 months and an estimated balloon balance of $510,000, resulting in a final payoff near $603,000. A brief meta‑comment from Catherine Bell notes that speaking the terms aloud can preserve nuance compared to typing, which tends to condense information.

Chapters

I need to analyze this term sheet and I want to respond back with terms for owner financing on this RV park. The terms that I want is a $60,000 down, which is 10% of the asking price, which is $600,000. I want to show them a 10%, 20%, 15% down opportunity for owner financing. I want the term to be for 2 years with a 20-year amortization. And balloon payment after 2 years with an extension to go to 3 years. And I want to see what their monthly payment would be on all 3 cycles and what their total payoff amount will be after the term.
So if y'all are paying attention, he's talking it through rather than typing, because when we type, we condense what we want to say and we want as much as we can say, because it gives the context.
If you try to be concise and all that, it can be it can mess up easier doing that than doing it the other way. So we're showing 6% interest only, all that, 10% down is $60,000 financing, $540,000. So over that 24-month period, we're going to owe them monthly payment of $3,869. And our window on this, correct me if I'm wrong, Laura, I think that they were saying that we make monthly $5,400 a month, I think. So option 1 shows that they're going to get an estimated total payments over 24 months of about $92,000. And then we'll have an estimated balloon payment of $510,000. And so they'll walk away with $6,000— $600,000— $603,000.