How It Works
The Unison HomeBuyer program is a true partnership. We contribute up to half the down payment by making a homeownership investment in your home. In return, we receive a share of any appreciation or depreciation in your home’s price at the time it is sold. This is not a loan, so we don’t charge interest, and we don’t receive monthly payments. Instead, we hope to earn a profit when you sell your home — up to 30 years later. You can also buy us out after 3 years.
To learn the basics about Unison HomeBuyer, select the home price and down payment examples below:
Purchase Price: $500,000  Unison Share of Down Payment: $50,000 
Mortgage Amount: $400,000  Unison Share of Change in Value: 35% 
Your Share of Down Payment: $50,000  Sell Home in Year 10 
PURCHASE PRICE

SALE PRICE

CHANGE IN VALUE

UNISON SHARE OF CHANGE IN VALUE

PAYMENT TO 


PURCHASE PRICE
$500,000

SALE PRICE
$600,000

CHANGE IN VALUE
+$100,000

UNISON SHARE OF CHANGE IN VALUE
+$35,000

PAYMENT TO $85,000 $50,000 invested plus $35,000 profit 

PURCHASE PRICE
$500,000

SALE PRICE
$400,000

CHANGE IN VALUE
$100,000

UNISON SHARE OF CHANGE IN VALUE
$35,000

PAYMENT TO $15,000 $50,000 invested minus $35,000 loss 

PURCHASE PRICE
$500,000

SALE PRICE
$500,000

CHANGE IN VALUE
$0

UNISON SHARE OF CHANGE IN VALUE
$0

PAYMENT TO $50,000 No profit 
Our return on investment comes only from a share of the change in value of the home. All home equity you create by paying down your mortgage belongs to you. The table below demonstrates this.

PURCHASE PRICE

SALE PRICE

CHANGE IN VALUE

UNISON SHARE OF CHANGE IN VALUE

PAYMENT TO UNISON

PAYMENT TO LENDERsee footnote 3

GROSS SALE PROCEEDS TO YOUsee footnote 4


PURCHASE PRICE
$500,000

SALE PRICE
$600,000

CHANGE IN VALUE
+$100,000

UNISON SHARE OF CHANGE IN VALUE
+$35,000

PAYMENT TO UNISON $85,000 $50,000 invested plus $35,000 profit

PAYMENT TO LENDERsee footnote 3 $315,000

GROSS SALE PROCEEDS TO YOUsee footnote 4
$200,000


PURCHASE PRICE
$500,000

SALE PRICE
$400,000

CHANGE IN VALUE
$100,000

UNISON SHARE OF CHANGE IN VALUE
$35,000

PAYMENT TO UNISON $15,000 $50,000 invested minus $35,000 loss

PAYMENT TO LENDERsee footnote 3 $315,000

GROSS SALE PROCEEDS TO YOUsee footnote 4
$70,000


PURCHASE PRICE
$500,000

SALE PRICE
$500,000

CHANGE IN VALUE
$0

UNISON SHARE OF CHANGE IN VALUE
$0

PAYMENT TO UNISON $50,000 No profit

PAYMENT TO LENDERsee footnote 3 $315,000

GROSS SALE PROCEEDS TO YOUsee footnote 4
$135,000

Purchase Price: $1,000,000  Unison Share of Down Payment: $100,000 
Mortgage Amount: $800,000  Unison Share of Change in Value: 35% 
Your Share of Down Payment: $100,000  Sell Home in Year 10 
PURCHASE PRICE

SALE PRICE

CHANGE IN VALUE

UNISON SHARE OF CHANGE IN VALUE

PAYMENT TO UNISON



PURCHASE PRICE
$1,000,000

SALE PRICE
$1,200,000

CHANGE IN VALUE
+$200,000

UNISON SHARE OF CHANGE IN VALUE
+$70,000

PAYMENT TO UNISON $170,000 $100,000 invested plus $70,000 profit


PURCHASE PRICE
$1,000,000

SALE PRICE
$800,000

CHANGE IN VALUE
$200,000

UNISON SHARE OF CHANGE IN VALUE
$70,000

PAYMENT TO UNISON $30,000 $100,000 invested minus $70,000 loss


PURCHASE PRICE
$1,000,000

SALE PRICE
$1,000,000

CHANGE IN VALUE
$0

UNISON SHARE OF CHANGE IN VALUE
$0

PAYMENT TO UNISON $100,000 No profit

Our return on investment comes only from a share of the change in value of the home. All home equity you create by paying down your mortgage belongs to you. The table below demonstrates this.
PURCHASE PRICE

SALE PRICE

CHANGE IN VALUE

UNISON SHARE OF CHANGE IN VALUE

PAYMENT TO UNISON

PAYMENT TO LENDERsee footnote 3

GROSS SALE PROCEEDS TO YOUsee footnote 4



PURCHASE PRICE
$1,000,000

SALE PRICE
$1,200,000

CHANGE IN VALUE
+$200,000

UNISON SHARE OF CHANGE IN VALUE
+$70,000

PAYMENT TO UNISON $170,000 $100,000 invested plus $70,000 profit

PAYMENT TO LENDERsee footnote 3 $630,000

GROSS SALE PROCEEDS TO YOUsee footnote 4
$400,000


PURCHASE PRICE
$1,000,000

SALE PRICE
$800,000

CHANGE IN VALUE
$200,000

UNISON SHARE OF CHANGE IN VALUE
$70,000

PAYMENT TO UNISON $30,000 $100,000 invested minus $70,000 loss

PAYMENT TO LENDERsee footnote 3 $630,000

GROSS SALE PROCEEDS TO YOUsee footnote 4
$140,000


PURCHASE PRICE
$1,000,000

SALE PRICE
$1,000,000

CHANGE IN VALUE
$0

UNISON SHARE OF CHANGE IN VALUE
$0

PAYMENT TO UNISON $100,000 No profit

PAYMENT TO LENDERsee footnote 3 $630,000

GROSS SALE PROCEEDS TO YOUsee footnote 4
$270,000

Purchase Price: $1,000,000  Unison Share of Down Payment: $125,000 
Mortgage Amount: $750,000  Unison Share of Change in Value: 43.75% 
Your Share of Down Payment: $125,000  Sell Home in Year 10 
PURCHASE PRICE

SALE PRICE

CHANGE IN VALUE

UNISON SHARE OF CHANGE IN VALUE

PAYMENT TO UNISON



PURCHASE PRICE
$1,000,000

SALE PRICE
$1,200,000

CHANGE IN VALUE
+$200,000

UNISON SHARE OF CHANGE IN VALUE
+$87,500

PAYMENT TO UNISON $212,500 $125,000 invested plus $87,500 profit


PURCHASE PRICE
$1,000,000

SALE PRICE
$800,000

CHANGE IN VALUE
$200,000

UNISON SHARE OF CHANGE IN VALUE
$87,500

PAYMENT TO UNISON $37,500 $125,000 invested minus $87,500 loss


PURCHASE PRICE
$1,000,000

SALE PRICE
$1,000,000

CHANGE IN VALUE
No change in value

UNISON SHARE OF CHANGE IN VALUE
$0

PAYMENT TO UNISON $125,000 No profit

Our return on investment comes only from a share of the change in value of the home. All home equity you create by paying down your mortgage belongs to you. The table below demonstrates this.
PURCHASE PRICE

SALE PRICE

CHANGE IN VALUE

UNISON SHARE OF CHANGE IN VALUE

PAYMENT TO UNISON

PAYMENT TO LENDERsee footnote 3

GROSS SALE PROCEEDS TO YOUsee footnote 4



PURCHASE PRICE
$1,000,000

SALE PRICE
$1,200,000

CHANGE IN VALUE
+$200,000

UNISON SHARE OF CHANGE IN VALUE
+$87,500

PAYMENT TO UNISON $212,500 $125,000 invested plus $87,500 profit

PAYMENT TO LENDERsee footnote 3 $590,000

GROSS SALE PROCEEDS TO YOUsee footnote 4
$397,500


PURCHASE PRICE
$1,000,000

SALE PRICE
$800,000

CHANGE IN VALUE
$200,000

UNISON SHARE OF CHANGE IN VALUE
$87,500

PAYMENT TO UNISON $37,500 $125,000 invested minus $87,500 loss

PAYMENT TO LENDERsee footnote 3 $590,000

GROSS SALE PROCEEDS TO YOUsee footnote 4
$172,500


PURCHASE PRICE
$1,000,000

SALE PRICE
$1,000,000

CHANGE IN VALUE
No change in value

UNISON SHARE OF CHANGE IN VALUE
$0

PAYMENT TO UNISON $125,000 No profit

PAYMENT TO LENDERsee footnote 3 $590,000

GROSS SALE PROCEEDS TO YOUsee footnote 4
$285,000

Prequalifying will not affect your credit score
Notes
1. The examples presented in the table above are intended only to demonstrate the basic operation of the Unison HomeBuyer Agreement. Many other transaction structures and outcomes are possible. Unison is not a lender and Unison HomeBuyer is not a loan program. Any loan terms reflected herein are for illustrative purposes only. Loan rates and terms available from participating lenders may differ.
2. At closing you will pay all transaction costs, including third party fees (such as credit and appraisal reports, and title and escrow fees), any lender origination fees, and Unison processing and transaction fees. This will increase the amount of cash you need to contribute to the purchase transaction at closing.
3. When you sell your home you will be responsible for repaying any outstanding balance on your mortgage in full from your portion of the sales proceeds. The Unison HomeBuyer Agreement has no impact on this – you would have to pay these expenses whether you have a Unison HomeBuyer Agreement or not. The example assumes a 30year loan, 4% interest rate, and ten year holding period. Ten years of monthly loan payments brings the loan balance down by approximately $160,000 from $750,000 to $590,000.
4. When you sell your home you will also be responsible for paying all selling costs, including brokerage commissions, which can typically amount to 69% of the sale price, from your portion of the sales proceeds. Selling costs are not shown in the example. The Unison HomeBuyer Agreement has no impact on this – you would have to do this whether you have a Unison HomeBuyer Agreement or not. If the sales proceeds are not sufficient to pay the mortgage balance, whatever amount is due to Unison, and the selling costs, you will be required to make up any shortfall. For example, assuming selling costs of 7.5% and a sale price of $1,200,000, your selling costs would be $90,000. If your Unison HomeBuyer Agreement is settled other than by sale of your home, such costs will not apply.
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