Based on the initial option consideration and monthly budget, the tenant would accumulate up to $240,000.00 (10.00%) down payment at the end of 5 years. Lease is based on a 1-year term with up to 4 renewable annual terms. Tenant has the option to purchase the home at anytime within 5 years without penalty. Change your Initial Option Consideration and/or Monthly Payment and re-calculate to view different results.
NOTE: The information shown above is based on year-end results. Fixed appreciation is factored into the price after the
first year and it will be pro-rated according to the month that the Option is exercised. Total Extra Savings shown above is based on incentives offered by the property owner for all monthly payments made on time, and includes discounts and/or matching credits.