Two ways to share a home's future.

Leap routes each homeowner to the execution venue that fits them best. Here is how two pricing models work, in plain terms. Read or listen, then explore thirty years of outcomes.

How to read the numbers

Each model answers one question: what does the homeowner owe when the agreement ends? Settlement happens when the home is sold, refinanced or bought out, or when the term runs out. Repayment is the amount paid to the venue at that moment. Homeowner keeps is the home's value minus that repayment, before any mortgage. Effective annual cost turns the repayment into a yearly rate on the cash received, so the two models can be compared side by side; it is not an APR. Fees and closing costs are left out, so the pricing itself is easier to see.

Appreciation Share Model

The homeowner receives cash today, and the venue takes a share of how much the home's value changes. The share is about four times the cash percentage, so cash equal to 10% of the home's value means a 40% share of the change, kept between 20% and 60%. The change is measured from an adjusted starting value, which is today's appraisal less 5%. If the home gains value, the homeowner repays the cash plus the venue's share of the gain. If it loses value, the venue absorbs part of the loss, except in the first five years, when the settlement value can't fall below today's value. Additional early-settlement limits in those five years are not modeled here. A 3.9% transaction fee applies at closing.

Capped Value Share Model

The homeowner receives cash today, and the venue takes a fixed share of the home's total value at settlement, not just the change. In this example the share is twice the cash percentage, so 10% in cash means 20% of the future value; actual shares are risk-based and set at underwriting. Because the share applies to the whole value, the venue earns a return even when the home is flat, and shares in the loss when it falls. A return cap limits what the venue can earn to 17.99% a year, compounded monthly, which protects the homeowner when values rise quickly or the agreement ends early. A 4.99% origination fee applies, plus third-party costs.

Thirty years of outcomes, yours to steer.

Set the market, the home and the cash, then drag through time to see what each model asks of the homeowner.

Sources: venue program documentation. Illustrative only and not an offer. Actual terms depend on the property, credit profile and venue, and are disclosed on the Initial and Final Summary of Terms.

Thirty years, two ways to share a home.

Annual home value change

+3.50%per year

−5%0%+8%

Home value today

$1,000,000

Cash to homeowner

$100,00010% of value

year10
Home value at settlement$1,410,599
Appreciation Share Model Capped Value Share Model Cash received

Drag across the chart or use the slider to choose the settlement year.

Appreciation Share Model

$284,240

Repaid in year 10

Share percentage
40% of change
Effective annual cost
11.0%
Homeowner keeps
$1,126,359
Adjusted starting value
$950,000

Capped Value Share Model Cap applied

$282,120

Repaid in year 10

Share percentage
20% of value
Effective annual cost
10.9%
Homeowner keeps
$1,128,479
Return cap ceiling
$596,344

Why routing matters. Leap matches each homeowner to the venue whose credit box and pricing fit best, then discloses the terms in full before closing.

$2,120
Illustrative only and not an offer. Fees and closing costs excluded.