What does "Buyout Share" mean in Home Purchase Plans?

The Home Purchase Plan is made of a Buyout Share and Equity Share - what are they?

Written by Roshni Patel
Updated over a week ago

When you purchase a home with a Home Purchase Plan from StrideUp, you start by paying a deposit contribution. StrideUp then covers the rest of the home's value, known as the "Buyout Share," which you buy back over time.

Buyout Share Details:

  • This is the portion of your home that you'll reclaim through your monthly payments.

  • The size of the Buyout Share is determined by your initial deposit, the plan you select, and your priorities.

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Your home may be repossessed if you do not keep up the payments on your Home Purchase Plan.

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