RTO 2.0 Home Affordability Calculator (BETA) for the Ownable Program
As a certified Rent-to-Own agent, you’re getting exclusive access to this BETA tool designed to give you a superpower: the ability to quickly determine whether your client qualifies for the Clover Properties Ownable program.
Use this calculator to estimate how much home they can afford, what their monthly payment might look like (it’ll be comparable to a mortgage), and the approximate rent rebate they’ll receive each month to help them grow their down payment faster. Remember, minimum down payment is 5% or $20,000 up to $500,000 home price.
If your client qualifies, complete the PRE-APPROVAL REQUEST FORM (AGENT USE ONLY). Your client will have a chance to speak with a Rent-to-Own Specialist to get more information. After the introductory call you will receive an update.
How to use this calculator:
Enter your client’s income and down payment details below and hit the green button to see the results.
Do not include commas when entering numbers. Enter plain numbers only (e.g., 4500 not 4,500).
This calculator is in BETA. Found something confusing or have ideas to improve it?
We’d love your feedback! Email us at info@ownable.ca.