On a $250,000 home, you might pay $5,000 to $17,500 upfront.

During the lease term—typically —you live in the home as a tenant. However, your monthly payments are often higher than the local market rate. What to Know About Rent-to-Own | MilitaryByOwner

This fee is non-refundable, but it usually gets applied to your final purchase price. 3. The Waiting Period: Living and Saving