Land Affordability Discount Calculator

Deal

Your Monthly Budget ($)

Minimum Required Down Payment ($)

Offered Interest Rate (%)

Loan Term (Years)

Sales Price of Land

Most land dealers offer a discount on the price or rate, for a higher down payment.

Discount on Price

Extra Down Payment (%)

Additional Discount on Price (%)

Custom Additional Discount (%)

Discounted Sales Price

Discounted Monthly Payment

Land dealers can also express the same discount as a discount in the rate.

Discount on Rate

Discounted Payment (Rate-Based)

Discounted Rate (Effective %)

Notice that the payments are the same, with a discount on price or rate. If the loan is paid off early, negotiating a lower price may be better.

Price vs. Rate: Which Discount Works Better for You?

When a lower price is best:
You plan to pay off early — a smaller principal saves you more.
You might sell the property before the term ends.
You want lower total cost and faster equity growth.

When a lower rate is best:
You expect to keep the loan for the full term.
You prefer stable, predictable long-term payments.
You’re focused on minimizing interest paid over time.

When payments are equal:
A lower price builds equity faster.
A lower rate saves interest slowly.
Either way — the key is matching the deal to your goals.