Ownify detail
9701 Chris Dr, Raleigh, NC 27603
Home price
$400,000
Down payment (2%)
$8,180
Monthly payment
$3,601
+ $24 HOA · $3,625 total
Annual home price growth
3.0% / yrYour 5-year schedule
| Year | Monthly payment | Home value | Your equity | Purchase price to own |
|---|---|---|---|---|
| Year 1 | $3,601 | $420,389 | $15,170 | $414,280 |
| Year 2 | $3,601 | $433,176 | $22,575 | $410,601 |
| Year 3 | $3,601 | $446,351 | $30,415 | $415,937 |
| Year 4 | $3,601 | $459,927 | $38,706 | $421,221 |
| Year 5 | $3,601 | $473,916 | $47,471 | $426,445 |
Figures are shown at the end of each year. The purchase price is the higher of the projected home value or 105% of the home's initial value, minus the equity you've built. Your Ownify payment is fixed for 5 years; HOA dues are separate and can change.
About Ownify
Skip the 20% down payment. Move in with 2% down, build equity from day one, and buy the home anytime in the next 5 years at the higher of its value or 105% of its initial value. Ownify fills the gap so you can stop renting and start building equity.
As little as 2% down
Ownify capital co-invests with you and we share in the home's appreciation together.
Build equity brick by brick
Increase your share over time until you're ready to take over completely.
No surprises along the way
Ownify covers property taxes, insurance, and repairs when the home's systems break. HOA dues are not included.