Rent-to-Own Affordability Calculator

Find Out How Much Home You Can Afford

Ready to start your rent-to-own journey? Use our calculator to find out how much you can afford through our rent-to-own program. By entering a few key details about your household income, your minimum monthly debt obligation, and how much you’ve saved for a down payment, the calculator will provide you with an estimated home shopping budget that may be within reach.

Start
What is your household income?
Start by providing your gross monthly household income. This should be your income before any taxes or deductions are subtracted. Make sure to include all income sources from all family members who will be living in the home. If your income fluctuates, please use the average monthly income over the past 3 months. Alternatively, you can also divide your gross annual income by 12 months.
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Minimum income required is $5,834 per month. OR $70,000 a year.
Requity Homes’ rent-to-own program requires a minimum of $5,834 a month. OR $70,000 a year.
How much is your monthly debt obligations?
Next, you'll need to input your monthly debt obligations. This includes any existing financial commitments, such as car loans, student loans, credit card payments, and any other recurring debt. Please do not include rent or housing expenses. If you pay off your credit card every month and do not have any outstanding balance, there is no need to include your credit card payments. Likewise, there is no need to include groceries or other living expenditures.
$
Please enter how much you currently have saved.
Includes car loans, student loans, credit card payments, and any other recurring debt, excluding rent or housing expenses.
How much have you saved up for a down payment?
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.
$
Minimum savings required to start the program is $5,000.
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.
Estimated Home Shopping Budget
Based on the information you provided
You're eligible to buy homes up to

$--

Remember, this calculator is meant to provide an estimate and may not account for every financial aspect of your life. Reach out to us to learn more to see if Requity Homes is a fit for you!
This tool is intended for informational purposes only and not as an offer of service from Requity. Nothing on this page shall be construed to constitute fees, terms, a guarantee or any other service. Qualification is at the discretion of Requity Homes.
Top Questions
Who qualifies for Requity Homes?
Generally, we require a minimum credit score of 500, an annual income of $70,000 and $5,000 in savings. Exact income required varies city by city depending on the starter home price range in the area. For a complete list of requirements for cities we operate, please check out this FAQ
What homes are eligible?
You can pick almost any homes listed for sale publicly and privately. Generally, we buy freehold move-in ready homes (review our frequently asked questions about renting to own 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.
See All Rent to Own FAQs

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Start by providing your gross monthly household income. This should be your income before any taxes or deductions are subtracted. Make sure to include all income sources from all family members who will be living in the home. If your income fluctuates, please use the average monthly income over the past 3 months. Alternatively, you can also divide your gross annual income by 12 months.
Next, you'll need to input your monthly debt obligations. This includes any existing financial commitments, such as car loans, student loans, credit card payments, and any other recurring debt. Please do not include rent or housing expenses. If you pay off your credit card every month and do not have any outstanding balance, there is no need to include your credit card payments. Likewise, there is no need to include groceries or other living expenditures.
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.