RibbonCash+ Fees and Calculations
Use our RibbonCash+ Calculator to better understand our process and how we determine costs associated with making higher offers
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Flexible payment options
You can choose to pay the RibbonCash+ fee Now or Later.
The total cost for you
Pay a non-refundable fee by submitting it in the Earnest Money Deposit. The RibbonCash+ Pay Now fee is in addition to other Ribbon fees.
Note: You'll need to bring cash at closing to cover any amount above the Max Ribbon Value.
See our pricing in action
Fill in the following calculator to run different scenarios to see how RibbonCash+ fees work. Use estimates or placeholder numbers in order to run simulations.
Offer Details
Max Loan to Value (LTV) ratio
The loan-to-value ratio is the amount of the mortgage compared with the value of the property. It is expressed as a percentage. If you get an $80,000 mortgage to buy a $100,000 home, then the loan-to-value is 80%, because you got a loan for 80% of the home's value.
Ribbon Value
Ribbon's best estimate of the property’s value in today's market.
Max Ribbon Value
The maximum offer amount Ribbon will fund on a given property.
Put in your offer price, Ribbon Value and Max Ribbon Value.
The Pay Now fee is non-refundable and is submitted in the Earnest Money Deposit.
Note: You'll need to bring cash at closing to cover any amount above the Max Ribbon Value.
Please update one or more of your inputs. Our minimum purchase price is $100,000 and our maximum purchase price is $1,000,000.
Frequently asked questions
The total cost for you
Fees are deferred until a future sale or cash out refinancing event, and are based on the home appraisal and appreciation. The RibbonCash+ Pay Later fee is in addition to other Ribbon fees.
Home Price Appreciation
This refers to how much the appraisal value of a property has increased over time.
when you choose to pay RIbbon)
The total repayment is capped at 3x the original appraisal gap amount.
If your home's appraisal value depreciates at the time of sale, a cash-out refinance or another exercise event, pay only $10 as your RibbonCash+ fee.
Visit our RibbonCash+ FAQ for more details.
See our pricing in action
Fill in the following calculator to run different scenarios to see how RibbonCash+ fees work. Use estimates or placeholder numbers in order to run simulations.
Initial Offer
Max Ribbon Value
The maximum offer amount Ribbon will fund on a given property.
Cash on Close
This is the additional cash amount you will need to bring at closing to cover the amount above the Max Ribbon Value.
Max Loan to Value (LTV) ratio
The loan-to-value ratio is the amount of the mortgage compared with the value of the property. It is expressed as a percentage. If you get an $80,000 mortgage to buy a $100,000 home, then the loan-to-value is 80%, because you got a loan for 80% of the home's value.
Put in your offer price and Max Ribbon Value.
The Max Ribbon Value is the maximum purchase price Ribbon is willing to offer for a particular listing.
Note: You'll need to bring cash at closing to cover any amount above the Max Ribbon Value.
Please update the Offer Price. Our minimum purchase price is $100,000 and our maximum purchase price is $1,000,000.
Please update the Max Ribbon Value. The Max Ribbon Value can only fall within the range of $100,000 to $1,000,000.
Bank Appraisal
Ribbon Value
Ribbon's best estimate of the property’s value in today's market.
This is the value of the home as determined by your lender or loan officer. This value determines how much they're willing to loan so you can make an offer. If it doesn't match the amount you want to offer then you'll end up with an appraisal gap.
The Ribbon Value is Ribbon’s best estimate of the value of the house in today’s market.
If the Offer Price is less than or equal to the Ribbon Value or Appraisal Value, no additional RibbonCash+ fee is required.
Please update the Ribbon Value. The Ribbon Value can only fall within the range of $150,000 to $1,000,000.
Appraisal Gap Amount
(Offer Price)
Ribbon-funded Appraisal Protection
This is the amount Ribbon will cover at no additional cost to the buyer if you receive a low appraisal.
Any appraisal gap amount above the Ribbon Value will determine part of your RibbonCash+ Pay Later fee.
Note: You'll need to bring cash at closing to cover any amount above the Max Ribbon Value.
RibbonCash+ Cost Estimate
(or Depreciation)
Home Price Appreciation
This refers to how much the appraisal value of a property has increased over time.
Ribbon is paid during the sale or cash-out refinancing event on your home. You can also choose to pay Ribbon before selling or refinancing.
Pay Later Amount = Appraisal Gap Amount + Service Fee
Service Fee = 25% x Home Price Appreciation
The total repayment is capped at 3x the original appraisal gap amount.
If your home's appraisal value depreciates at the time of sale, a cash-out refinance or another exercise event, pay only $10 as your RibbonCash+ fee.
