Estately’s Land Lease program lets buyers
purchase the home while leasing the land underneath it, with the goal of lowering upfront costs and initial monthly payments.

• Estately buys the land; you buy the house. Your mortgage and down payment apply only to the house.
• Lower initial payments: Estately advertises initial monthly savings of up to 20%, depending on the transaction.
• Your mortgage and land lease are combined into one payment.
• Land lease payments increase over time based on inflation, measured by the Consumer Price Index (CPI).
• You can purchase the land later for its original cost adjusted for inflation.
• You retain land appreciation above that inflation adjustment, according to the program.
• Future options include refinancing, buying the land, or selling the home and land together.

For example, their illustration splits a
$400,000 property into a
$240,000 house and
$160,000 land, with a $12,000 down payment toward the house.

Explore the program and run your numbers:

• Property Eligibility Checker – Check whether a property may qualify.
• Affordability Calculator – Explore your potential purchasing budget.
• Payment Calculator – Compare estimated monthly payments.
• Home Equity Calculator – Explore potential equity over time.

The main tradeoff: Lower initial costs can make a home more attainable, but you do not initially own the land, and the lease payment and future land purchase price can increase. Advertised savings and calculator results are estimates, not guarantees.