Everything OwnerNote does
OwnerNote keeps the record on the notes you carried: every payment, the balance, and the paperwork a note collects over the years. Here is all of it in one place, grouped by the job you are doing.
Every feature on this page comes with every plan, the Free plan included. Plans differ by how many notes you track; see Pricing.
Payments and balances
The record itself: what came in, what it did to the balance, and what is owed next.
| Feature | What you get |
|---|---|
| Payment application | Every payment applied the same way, in the order your note sets, with the interest and principal split shown for each one.Guide: How payment application order works |
| Balance and status today | The balance today, the next payment due, and whether anything is late. |
| Payment schedules | Monthly, quarterly, semiannual or annual payments, with or without a balloon. |
| Rate and payment changes | A new rate or payment from a date you choose, with every balance after it worked out again. |
| Late fees | Suggested after the grace period, charged or waived with one click, and kept on their own ledger. |
| Payoff quotes | What pays the note off in full, good through any date, with interest carried to that day. |
Your borrower
Fewer phone calls: the routine questions answer themselves.
| Feature | What you get |
|---|---|
| Reminders and receipts | Email reminders before a payment is due, a courtesy reminder when one is late, and a receipt for every payment you record. |
| Statements | Printable statements for any period, as a page or a PDF, and a monthly statement emailed to your borrower on the 1st if you turn it on. |
| Payment coupon books | Printable coupon books with the due date and amount on each coupon.Guide: Payment coupon books |
| Read-only borrower view | Invite your borrower by email to see their own payment history and balance. |
| Contact log | A dated log of calls, letters and promises for each note, with follow-up dates. |
Escrow, insurance and property taxes
The property protects the note, so keep an eye on what protects the property.
| Feature | What you get |
|---|---|
| Escrow | A monthly amount for property taxes and insurance, a ledger of deposits and bills paid, and a warning when it runs short.Guide: Escrow on an owner-financed note |
| Insurance and property-tax watch | The policy on file with its expiry date, and a yearly check that the property taxes were paid. |
Year end and taxes
January paperwork, from the payments that actually arrived.
| Feature | What you get |
|---|---|
| Year-end interest totals | Interest received for the year, separated from principal, for your own return. |
| Mortgage interest statements | Year-end statements for your borrowers, laid out in Form 1098's boxes, with the figures as a CSV.Guide: Form 1098 for individual note holders |
| Packet for your accountant | Principal, interest, fees and balances across every note for the year, as a PDF and a CSV. |
| Texas annual accounting statement | The yearly statement a Texas contract for deed requires, as a PDF or an email.Guide: Contract for deed in Texas |
Payoff letters, documents and selling the note
What a title company, a lender or a note buyer asks you for.
| Feature | What you get |
|---|---|
| Payoff letters | A payoff letter as a PDF, good through a date and ready to email to a title company.Guide: Writing a payoff letter |
| Payment-history letter | Every payment and when it arrived, for a refinancing lender or your borrower.Guide: What a certified payment history is |
| Note-sale package | For a buyer of your note: the terms, the full pay history and the balance in one PDF.Guide: Selling an owner-financed note |
| Documents | The note itself, the deed, insurance papers and photos, kept with each note. |
Wraps, portfolios and your data
One note or a hundred, on your own or with help.
| Feature | What you get |
|---|---|
| Wraparound notes | The underlying loan and its payments kept with the wrap, with the spread and your equity worked out.Guide: How wraparound notes work |
| Team access | Invite a partner, a bookkeeper or family with full access or view only. |
| Spreadsheet import | Bring in your notes and payment history from a spreadsheet, and compare the balances. |
| CSV export | Every payment exports to CSV at any time. Your records are yours. |
| Runs in a browser | On a laptop, phone or tablet. Nothing to install, and nothing lost when the computer is replaced. |
Free calculators
The same calculation engine the app uses, free on this site without an account.
- Seller financing calculator: The buyer's monthly payment and the full schedule, read from the seller's side: your interest and your principal coming back.
- Owner financing calculator: Monthly payment and a full amortization schedule, split into interest and principal.
- Balloon payment calculator: The payments on a note that balloons early, and the exact amount due at the balloon.
- Per-diem interest calculator: Interest between any two dates under 30/360 or Actual/365.
- Payoff quote calculator: What it takes to pay a note off on a given date, from its terms and payment history.
- Wraparound calculator: A wrap note beside its underlying loan: what comes in, what goes out, and the spread.
What OwnerNote is not
OwnerNote is a tracking tool. It never touches your borrower's money and it is not a loan servicer: payments go to you exactly as they do now, and you stay the lender.
Create a free accountFree for your first note. See plans