Enter the par value ($) and the repair costs ($) into the Foreclosure Cost Calculator. The calculator will evaluate and display the Foreclosure Cost.

## Foreclosure Cost Formula

The following formula is used to calculate the Foreclosure Cost.

FC = PV - RC
• Where FC is the Foreclosure Cost ($) • PV is the par value ($)
• RC is the repair costs ($) To calculate the foreclosure cost, subtract the repair costs by the par value. ## How to Calculate Foreclosure Cost? The following example problems outline how to calculate Foreclosure Cost. Example Problem #1: 1. First, determine the par value ($). The par value ($) is given as 50,000. 2. Next, determine the repair costs ($). The repair costs ($) is provided as 20,000. 3. Finally, calculate the Foreclosure Cost using the equation above: FC = PV – RC The values given above are inserted into the equation below: FC = 50,000 – 20,000 = 30,000.00 ($)

Example Problem #2:

The variables needed for this problem are provided below:

par value ($) = 140,000 repair costs ($) = 30,000

Entering these values and solving gives:

FC = PV – RC = 110,000.00 (\$)