Buyers Todd and Angie Green want to make an arrangement with Sellers Bill and Mona Clark to pay the Clarks $15,000 at closing based on a sales price of $195,000 and then make monthly installments to them for the balance. The Clarks have a current mortgage of $160,000 which will remain in effect after the closing. What kind of payment situation is this?

Note and deed of trust

Seller wrap of existing loan

Real estate contract

Cash down to existing loan