Sales Financing
| input | description | help# | importance | frequency |
|---|---|---|---|---|
| MVS[1;] | Sales applicable | 511 | 1 | |
| MVS[2;] | Down Payment | 511 | 1 | |
| MVS[3;] | Interest Rate | 511 | 1 | |
| MVS[4;] | Term (in years) | 511 | 1 | |
| MVS[5;] | Average years paid (often prepaid) | 511 | 1 | |
| MVS[6;] | Payments/year | 511 | 1 | |
| MVS[7;] | Interest only (1),(0=std K pymnt) | 511 | 1 | |
| MVS[8;] | Points from buyer | 511 | 1 | |
| MVS[9;] | Sales discount | 511 | 1 | |
| MVS[10;] | Sales commission | 511 | 1 | |
| MVS[11;] | Years to exclude (hist) | 511 | 1 | |
| MVS[15;] | Row(s) of PACE applicable | 511 | 1 |
If sales are to be supported by the developer taking back financing, then these inputs will be needed. The general concept behind this input structure is that the user should indicate sales financing (and factoring) terms to be assumed, and the user may do this either for the total sales program (if all sales are subject to the same terms), or by land use, or by percentages of sales within a land use. The term "group" as used in the table below can apply to sales identified in any of these terms, but the model will define these groups consistently in all periods.
