Use the calculator to determine your rent to own house payment. Also, you
should consider your total costs of home ownership. Seller financing in a
rent to own home program generally does not include property taxes,
insurance and utilities. So remember to budget accordingly. If you are not
sure how rent-to-own homes works CLICK HERE.
NOTE- the amounts below for insurance and taxes are only for this
hypothetical example. Actual amounts will vary. Always check with the seller
for actual amounts.
For Example, the rent to own house you want is $170,000.
RTO Purchase price $ 160000.
Down Payment - 3500
Loan Amount 156,500
PMT. 6.5 % for 30 years. 989.19
Homeowners insurance 50.00
Property Taxes 100.00
TOTAL $ 1139.19
For only $1139 per month you can become a rent to
own home owner!
"When I asked my husband about applying for a rent to own home he said to forget it. I did it anyway. Now we have a 3 BR, 2 bath for $120 less than a similar rental on the block! You never know unless you try."
Mrs. Lizzy S., Hudson, Ohio
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RealtyRTO is all about rent-to-own homes with
seller finance. Seller finance is also known as
lease with option to buy, owner finance, rent with
option to buy. All of our real estate listings are
free for rent to own buyers and sellers.
We offer free and premium rent-to-own listing
services. This listing service is for rent to own
houses, homes, condos, farms, acreage, land,
lots, waterfront, garages, and townhouses.
Rent-to-own Realtors, agents, real estate
investors and home builders are welcome.
You too can join the legions of renters who are fed up with making the
landlord wealthy. Contrary to what you may have heard you can qualify as
a home owner even if you have --
- bad credit, or no credit.
- foreclosure, bankruptcy, or credit judgments.
- small down payment
Calculate a rent-to-own house payment
Take this fun quiz to see if you are eligible for a rent-to-own
home.
- Are you currently paying rent and have no plans to move in with
mom?
- Do you have a job and/or a regular source of income?
- Does your landlord keep the equity you create (by paying his
mortgage with your rent check?)
- Are you tired of making your landlord wealthy on your paycheck?
If you answered "NO" to any question then perhaps it is a good idea to
move back in with mom, at the least get a roommate. If you answered
"YES" then what are you doing hanging around reading this? Get yourself
a home!
BEFORE YOU GO ON. We get many emails asking us, "where are all the
listings?" Our reply is they are coming and they are going out just as fast.
'Rent-to-own homes' is a super hot business right now. When a match
between buyer and seller is made it usually results in a sale! If you know
anyone selling a home send them here and receive a $50 credit off your
next home!
"Wow. I never thought it
could be this easy to own
a home. Thanks to
RealtyRTO I found the
perfect starter home.
This rent to own house is
so cool. High five!"
Dan L., Schenectedy, NY
Maybe you are not interested in finding a
home today. Sign up for free RTO offers in
your neighborhood CLICK HERE
Forget the calculator! Post a FREE Rent to Own Home Wanted Ad Click Here.
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Why are You Still Paying Rent When You Could Rent-to-Own?
This is an extraordinary time for home buyers. Prices on homes are the lowest in seven years. In the past If you were declined a loan approval chances are YOU WILL BE APPROVED HERE. Home sellers (FSBO) and rent-to-own Realtors are making deals. Now is the time to act before home prices creep back up!
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