Cost compared with Hometap
Effective annual cost for $100,000 against a $750,000 home with a $300,000 mortgage. Highlighted: cheaper than Hometap in that scenario.
| Provider | Typical: 4% growth, 7 years | Flat prices: 0%, 7 years | Fast growth: 8%, 7 years | Early sale: 4%, 3 years |
|---|---|---|---|---|
| Hometap | 14.1% | 9.7% | 18.5% | 22.7% |
| CHEIFS | 13.7% | 13.0% | 13.7% | 14.7% |
| Point | 14.3% | 8.3% | 18.9% | 20.2% |
| Unison | 14.7% | 3.5% | 23.1% | 21.6% |
| Unlock | 15.9% | 11.5% | 20.4% | 22.6% |
| Splitero | 15.9% | 11.5% | 20.4% | 22.3% |
Computed from each provider's published terms with the HEI Calculator engine; terms verified September 23, 2026. Try your own numbers in the Hometap calculator.
When to pick an alternative instead
- CHEIFS: costs less in the typical case (13.7% vs 14.1% a year); costs less if your home grows fast (13.7% vs 18.5% a year); costs less if you sell within 3 years (14.7% vs 22.7% a year); gives you more time to settle (no end date vs 10); funds larger amounts (up to $2M vs $600K). Hometap vs CHEIFS
- Point: costs less if prices stay flat (8.3% vs 9.7% a year); costs less if you sell within 3 years (20.2% vs 22.7% a year); gives you more time to settle (30 years vs 10); publishes a lower credit minimum (500 vs 585); allows more leverage (an assumed 80% vs 75%); serves more states (32 vs 27). Hometap vs Point
- Unison: costs less if prices stay flat (3.5% vs 9.7% a year); costs less if you sell within 3 years (21.6% vs 22.7% a year); gives you more time to settle (30 years vs 10); allows more leverage (an assumed 80% vs 75%). Hometap vs Unison
- Unlock: publishes a lower credit minimum (500 vs 585). Hometap vs Unlock
- Splitero: costs less if you sell within 3 years (22.3% vs 22.7% a year); gives you more time to settle (30 years vs 10); publishes a lower credit minimum (500 vs 585); allows more leverage (an assumed 80% vs 75%). Hometap vs Splitero
Not sure you qualify for Hometap?
Check Hometap's requirements against your own home, state, and credit, or see every provider that fits you on HEI Offers.
Questions
What is the best alternative to Hometap?
It depends on your plans. In our typical example ($100,000 against a $750,000 home with a $300,000 mortgage, 4% growth, 7 years), the lowest-cost alternative is CHEIFS at 13.7% a year, versus 14.1% for Hometap. If your home grows fast or you sell early, the ranking can change; see the table above.
Who are Hometap's competitors?
The other main home equity investment providers are CHEIFS, Point, Unison, Unlock, and Splitero. All six are modeled with the same cost engine on HEI Compare.
Is there an alternative to Hometap that isn't an HEI?
Yes. A HELOC, home equity loan, cash-out refinance, or reverse mortgage can cost less if you qualify. See every option compared.
Comparing Hometap with others?
See which providers fit your home, state, and credit, or send us an offer you already have for a free second opinion. Prefer to model it yourself? Run the HEI Calculator.
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