Your monthly payment is made up of two parts:

**Rent on our share of the property**. On the part of the property that we still own, you will need to pay a monthly rent based on a*Rental Rate*. The way this Rental Rate is calculated and set will be explained in your offer before you proceed with StrideUp.**Acquisition payments**. Every month part of your payment goes towards buying a further slice of the property - this way your ownership percentage is always increasing and StrideUp's is decreasing.

### Example Rent Calculation

Let's say you buy a £250,000 property with a £25,000 deposit and £225,000 from StrideUp. This means you initially own 10% of the property and StrideUp own 90%. If your Rental Rate is 4.89% (for example), this would mean paying £225,000 x 4.89% / 12 = £916.88 per month in Rent

### Example Acquisition Calculation

We would figure out the amount of monthly Acquisition payments so that by the end of the term, you'll end up owning the *Buyout Share* percentage of the property (usually 80%).

The monthly amount therefore depends on the term you've chosen - using the same example as above, imagining the term is 30 years, then initially the monthly Acquisition Payment would be £214.58.