01
Only $9,627 to close
vs. $32,500 conventional — a $22,873 upfront saving (70% less cash).
Path to the Closing Table
How DeedLease works.
A side-by-side look at the cost of entering a DeedLease home vs. a conventional mortgage on a comparable property. Real numbers, no surprises.
Program overview
The basics, side by side.
DeedLease Program
- Purchase Price
- $475,000
- Interest Rate
- 3.50%
- Amortization
- 25 Years
- Monthly Payment
- $2,375.59
- Entry Requirement
- Payment × 3 + Closing
Conventional Mortgage
- Purchase Price
- $550,000
- Interest Rate
- 6.50%
- Amortization
- 30 Years
- Monthly Payment
- $3,302.00
- Entry Requirement
- 5% Down + Closing
Attainable Home Subsidies
A $550,000 home.
Yours at $475,000.
Every DeedLease residence is independently appraised at full market value — $550,000 in this example. Thanks to Attainable Home Subsidies that fuel the program, qualifying buyers enter the same home calculated at just $475,000. The $75,000 difference is built-in equity from day one — not a discount you have to pay back.
- Appraised Value
- $550,000
- Subsidy Applied
- − $75,000
- Your Price
- $475,000
- Built-in Equity
- $75,000 · day one
Subsidies are funded through the Better Building Council's Attainable Home program and applied at the closing table. Eligibility, availability, and amounts vary by property and applicant.
Cost to get to the closing table
Save $22,873.23 at closing.
| Cost Component | DeedLease $475K · 25 yr | Conventional $550K · 30 yr | Difference |
|---|---|---|---|
| Entry Deposit / Down Payment | $7,126.77 3 × monthly payment | $27,500.00 5% of $550,000 | −$20,373.23 |
| Closing Costs | $2,500.00 | $5,000.00 | −$2,500.00 |
| Total at closing | $9,626.77 | $32,500.00 | SAVE $22,873.23 |
70% less cash needed upfront vs. a conventional mortgage.
Complete program comparison
Every number, in one place.
| DeedLease | Conventional | |
|---|---|---|
| Appraised Home Value | $550,000 | $550,000 |
| Effective Purchase Price | $475,000 * | $550,000 |
| Interest Rate | 3.50% | 6.50% |
| Amortization | 25 Years | 30 Years |
| Monthly Payment (P&I) | $2,375.59 | $3,302.00 |
| Entry Deposit / Down Payment | $7,126.77 (3 mo.) | $27,500.00 (5% dn.) |
| Closing Costs | $2,500.00 | $5,000.00 |
| Total Cash to Close | $9,626.77 | $32,500.00 |
| Buyer Savings at Closing | SAVE $22,873.23 | — |
| Total Interest (life of loan) | ~$237,677 | ~$666,220 |
| Total of P&I Payments | ~$712,677 | ~$1,188,720 |
| Lifetime Interest Savings | SAVE ~$428,543 | — |
* The home appraises at $550,000. DeedLease buyers finance it at $475,000 — the $75,000 difference is covered by Attainable Home Subsidies that fuel the program.
Key takeaways
Why the math works.
02
$926 less every month
$2,375.59 with DeedLease vs. $3,302.00 on a conventional mortgage at today's rate.
03
~$428K less in interest
Lower price ($475K vs. $550K), lower rate (3.50% vs. 6.50%), shorter term (25 vs. 30 yrs).
04
$75K subsidy built in
Home appraises at $550K — you finance $475K. Attainable Home Subsidies fund the gap.
Ready to walk the Path to the Deed?
Pre-register to participate in the pilot program and learn about qualifying purchase prices and your monthly estimate.
Pre-RegisterThis page is for illustrative purposes only and does not constitute financial, legal, or mortgage advice.DeedLease program terms, closing costs, and conventional mortgage requirements may vary. All figures are estimates. Buyers should consult a qualified mortgage professional for personalized guidance.