Now that we have explained how Home Equity Access works, let's see the numbers in action.

smiths
Meet the Smiths, they are a couple who have owned their current home for 7 years and would like to tap their home equity to renovate their kitchen.
Current Home Value
$1,000,000
Desired Funding Amount From Noah
$100,000
Monthly Payments to Noah
$0

Buyout Scenarios Based on Home Appreciation & Time

Time to sell or buy back

Noah is repaid at sale or when the homeowner chooses to refinance.

8 years
1 year10 years

Large Decline

Future Home Value

$752,001

Equity You Keep

$694,901

Total Payoff

$57,100

Effective APR: -6.8%

In this scenario, you’ll repay Noah less than Noah paid you because we share in losses.

No Change

Future Home Value

$1,000,000

Equity You Keep

$868,500

Total Payoff

$131,500

Effective APR: 3.5%

Average Appreciation

Future Home Value

$1,266,770

Equity You Keep

$1,055,239

Total Payoff

$211,531

Effective APR: 9.8%

High Appreciation

Future Home Value

$1,477,455

Equity You Keep

$1,202,719

Total Payoff

$274,737

Effective APR: 13.5%

Disclosures:

The pricing estimate and associated terms presented above are for illustrative purposes only. Actual investment terms will be based on a full application and underwriting process that may include a credit check, home appraisal, income verification and other documents collected pertaining to the user and their underlying property.