Discover your monthly rent-to-own payment
Use our calculator to find out how much your monthly rent-to-own payments are. By entering a few key details about the home price, your initial down payment and the down payment savings goal, the calculator will provide you with an estimated monthly rent-to-own payments with a breakdown of how much your monthly payments will go towards rent and your future down payment savings.
Which city are you looking to live in?
What home price are you looking to purchase?
Requity Homes can only purchase homes between $150,000 - $600,000.
Let us know the price of the homes you're interested in. Please note, the higher the price the higher your monthly rent-to-own payments will be.
How much have you saved up for a down payment?
Requity Homes’ rent-to-own program requires a minimum of $5,000 down payment . Your exact down payment may vary depending on your financial profile.
Please provide the amount of savings you are comfortable putting towards the initial down payment to start our rent-to-own program. This can include any cash, investments, or other assets that could be readily converted into cash that you’re willing to contribute as your potential down payment.
How much down payment are you looking to have saved by the end of our program?
Your down payment savings goal at the end of the program cannot be less than the current down payment you previously indicated you’re willing to provide at the start of the program.
Please note, the higher your goal is, the more you’ll need to save each month to reach your goal by the end of the program.
How long do you plan on renting before buying back the home?
Think about how long you’ll need to qualify for a mortgage. Likewise, the shorter the rental period, the lower your future buyback price will be.
Please note, the higher your goal is, the more you’ll need to save each month to reach your goal by the end of the program.
Based on the information you provided
Your estimated monthly payments* for a $150,000 home will be:
$4,506 / month
Every month, a portion of your payment will go towards rent and down payment savings.
By the end of the program, you’ll have this much saved
towards your down payment
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* We pay all transaction costs, including legal fees and title insurance, when we buy the home upfront.
* Estimated monthly payments are calculated based on the following factors: the initial home price, your initial down payment you’re willing to provide at the start of the program, your down payment savings goal you’d like to have saved by the end of the rent-to-own program and the duration you’re planning to rent before you buy back the home.
Generally if you want to reduce your monthly payments, you can
- Look at homes with a lower price
- Put down a higher down payment upfront
- Reduce your down payment savings goal toward the end of rent-to-own term
- Increase your rent-to-own term to longer years
Top questions
Who qualifies for Requity Homes?
Generally, we require a minimum credit score of 500, an annual income of $50,000 and $5,000 savings.
What homes are eligible?
You can pick almost any homes listed for sale publicly and privately. Generally we buy freehold move-in ready homes (check here for a list of a few exceptions).
How does Requity Homes make money?
We make money from your rent and the price appreciation. Keep in mind, we will pay for land transfer taxes, lawyer fees and other closing costs when we purchase the home for you.