Seller Financing Interest Rate

If the seller is willing to offer financing, and many are these days, you should be aggressive in negotiating the interest rate and terms. Why? Well, the seller is picturing a sales price in their mind, not interest rate accumulation. Make an offer that is not to far below their sales price and then ask for nominal interest on the seller financing. Many sellers will go for it and you will save a ton in interest payments over the life of the loan.