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Rent to Own Calculators & Tools

Estimate your rent to own affordability and payments in minutes

Rent to Own Payment Calculator

Find out what your future home will cost with our rent-to-own program

Calculate My Rent to Own Payments
Use our rent-to-own payment calculator to find out how much your monthly rent-to-own payments are. By entering a few key details about the home price, your initial down payment and the down payment savings goal, the calculator will provide you with an estimated monthly rent-to-own payments with a breakdown of how much your monthly payments will go towards rent and your future down payment savings.

Rent to Own Affordability Calculator

See how much you can afford through our rent-to-own program

Calculate My Rent to Own Affordability
Ready to start your rent-to-own journey? Use our calculator to find out how much you can afford through our rent-to-own program. By entering a few key details about your household income, your minimum monthly debt obligation, and how much you’ve saved for a down payment, the calculator will provide you with an estimated home shopping budget that may be within reach.    

Top Questions About Rent to own

Who qualifies for Requity Homes Rent to Own Program?
Generally, we require a minimum credit score of 500, an annual income of $70,000 and $5,000 in savings. Exact income required varies city by city depending on the starter home price range in the area. For a complete list of requirements for cities we operate, please check out this FAQ
What homes are eligible for rent to own?
You can pick almost any homes listed for sale publicly and privately. Generally, we buy freehold move-in ready homes (review our frequently asked questions about renting to own for a list of a few exceptions).
How does Requity Homes make money?
We make money from your rent and the price appreciation. Keep in mind, we will pay for land transfer taxes, lawyer fees and other closing costs when we purchase the home for you.
See All Rent to Own FAQs

Related Blog Posts on Rent to Own

Getting Started with Rent to Own

June 14, 2024

Rent-to-Own in Canada: How It Works & Programs

Explore the path to homeownership with our comprehensive guide on Rent-to-Own Homes in Canada. Whether you're a first-time buyer or navigating unique financial circumstances, this guide provides valuable insights, tips, and considerations to empower you on your journey to owning your dream home.

Getting Started with Rent to Own

September 29, 2022

The First-Time Home Buyer Incentive: What You Need to Know

The Government of Canada has started prioritizing providing support to first time homebuyers. This First-Time Home Buyer Incentive helps lower mortgages, and by extension, monthly costs. Let’s find out more about this incentive, and how Requity Homes can help you with this in play.

Customer Stories

July 12, 2022

A New Country, A New Home, A New System

As an immigrant from Colombia, owning a home seemed impossible, yet within just one year of landing in Northern Ontario, Canada, thanks to Requity Homes’ rent-to-own program, María and José Andrade are now on track to be owners in 2 years.