ABOUT US
How My Rich Aunt works
My Rich Aunt provides a bridge to homeownership by facilitating investment-backed loans for down payments. Our service enables individuals to enter the housing market without traditional barriers while aligning with all legal and financial regulations to protect our clients and investors.
01
What do we do?
We make it possible to enter the housing market without saving up the entire down payment.
02
How do we do it?
We help you match with an investor who will lend you the deposit. You sign a loan agreement and the money is paid out when you sign the purchase agreement.
03
Terms and conditions
You pay no ongoing interest on the loan. Instead, the investor is entitled to an increasing share of the value of your home. You agree on how much when you sign the loan agreement.
Work out your situation
Visualize your potential homeownership journey and investment growth
This is the amount by which your investment will grow each year as a percentage of the value of the property. This can be between 0.5% and 2% depending on the risk and agreement with the borrowers. Your investment also increases in line with house prices.
Expected annual housing inflation (%)
Expected annual housing inflation in the coming years (6% per year on average in Stockholm last 18 years)
BENEFITS
WHY MY RICH AUNT?
Smart
With My Rich Aunt, you don't have to pay interest and repayments on an unsecured loan. In addition, you can avoid the high amortization requirement of 2% per year as a MyRichAunt loan does not count as a mortgage. This means you can put aside the equivalent each month to build a buffer.
Repayment - your right!
My Rich Aunt provides a bridge to homeownership by facilitating investment-backed loans for down payments. Our service enables individuals to enter the housing market without traditional barriers while aligning with all legal and financial regulations to protect our clients and investors.
Risks involved
When you enter the housing market, you are exposed to risks such as price developments, renovations, fee increases, etc. With a loan from My Rich Aunt, there is also a risk in the event of poor price developments that what you owe the investor exceeds the sales proceeds.
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