ReachOption allows you to cash out up to 20% of the value of your property. You get the money up front and pay no interest throughout the term of the contract; in exchange you a portion of the future appreciation of your property.
Original Price:
$600,000
Current Mortgage:
$480,000
Current Value:
$800,000
ReachOption Pays You:
$160,000
How ReachOption Works
ReachOption allows you to cash out up to 20% of the value of your property. You get the money up front and pay no interest throughout the term of the contract; in exchange you a portion of the future appreciation of your property.
Original Price:
$600,000
Current Mortgage:
$480,000
Current Value:
$800,000
ReachOption Pays You:
$160,000
Distribution of Proceeds
You decide to sell your property in 5 years for $850,000. With an appreciation of $50,000. Here is how the proceeds of the sale will be distributed.
Pay First Mortgage:
$480,000
Pay ReachOption:
$160,000
Pay ReachOption % of Appreciation:
$30,000
You Keep:
$180,000
ReachOption Calculators
Mortgage vs ReachOption See how much you can save by using ReachOption.
Contract Money Calculator See how much money is available for your property.
ReachOption Examples See examples of how ReachOption can help you.
