Calculate how much it costs

See how much buying with StrideUp will cost in regular payments and when you want to pay it off fully.

If you want the details on how these numbers are calculated, read about it below.

How does this calculator work?

  • What does this calculator show?

    This calculator is designed to show important features of StrideUp’s product at the start, during and at the end of the transaction.

    1. Start - how is the ‘ownership’ of the property split between you and us?
    2. During - what payments do you have to make and what happens if you want to make overpayments?
    3. End - what payment will you have to make if you decide to sell the property or refinance to another provider?
  • How are the monthly payments calculated?

    Whilst you only have to make a single payment for the whole product, this payment is broken down into different parts.

    1. Rent on “our share” of the property
    2. Rent on the “outstanding balance on your share” of the property. This can be compared to interest in a conventional mortgage.
    3. Purchase payments to gradually buyout the “outstanding balance on your share”. This can be compared to repayments in a conventional mortgage.
  • How does the calculator use overpayments?

    If you decide to use StrideUp’s product it’s important to have a plan on how you’ll buyout “our share” of the property. You could do this by making regular overpayments - each month the overpayment would buyout a portion of “our share”.

  • What is “your equity”?

    “Your equity” is the bit of the property that you own outright. In other words, if you were to sell the property, it’s what you would be left with after paying StrideUp off entirely.

  • How is the repayment amount calculated if you choose to sell the property?

    It’s easiest to think of the two elements that need to be paid back:

    1. Our share: if you decide to sell the property, we’ll get a share of the sale price based on whatever percentage we own at that time.
    2. “Outstanding balance on your share”: this is the balance on “your share” that you don’t yet own outright.
  • How is the repayment amount calculated if you refinance StrideUp?

    It’s easiest to think of the two elements that need to be paid back:

    1. Our share: if you decide to stay in the property but refinance to another provider, you’ll have to buyout whatever percentage of the property we own at that time. The buyout price will be the greater of the current market value and price you initially paid for the property.
    2. “Outstanding balance on your share”: this is the balance on “your share” that you don’t yet own outright.

Press Reviews

StrideUp...removes the traditional inefficiencies associated with shared ownership models.
…provide(s) an alternative to a mortgage, a form of financing that is increasingly out of reach for many.
…help young people across the country get a footing on the housing ladder.

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StrideUp is the new, revolutionary way to buy your home. Easy, simple and secure.
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