A payment projection and an ownership cash budget answer different questions. Compare the financing commitment, cash timing and optional exit assumptions without treating any planning ratio as approval.
Compare actual payment plans
The contractual amount is the monthly annuity without extras. The selected amount includes extra principal and the chosen frequency. For $12,000 at 12% over 120 months, $172.17 contractual plus $100 extra gives $272.17 regular cash, 59 projected payments and $3,904.17 interest. The last payment is smaller; the internal schedule is unrounded.
Build the calendar cash budget
An annual spread allocates the entered total across selected months; a monthly amount repeats in each selected month. An annual due amount appears once in the chosen month. A dated one-time payment appears only in its actual year. $200 storage plus $100 operating cash for six months, plus $400 winterization, equals $2,200 annually or $183.33 monthly on average, not a uniform monthly bill.
Review a sale assumption
No. It is principal remaining after the latest modeled payment on or before the sale date. Daily accrued interest, settlement fees and sale costs are not inferred. Your optional sale value is not a valuation. The displayed difference is value less modeled principal, not guaranteed net sale proceeds.
Extra Payments and Early Payoff
For $54,000 at 7.5% over 10 years, the contract payment is $640.99 and scheduled interest is $22,918.75. Adding $100 each month produces 98 payments, $18,289.55 interest and $4,629.20 savings, finishing 22 months earlier. The selected regular payment is $740.99; the final payment is smaller. Lender prepayment and posting rules may differ.