Use our RibbonCash+ Calculator to better understand our process and how we determine costs associated with making higher offers
You can choose to get RibbonCash+ coverage or bring cash at closing.
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.
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.
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.
The final amount due will be calculated at closing. You will be responsible for covering the full appraisal shortfall amount above the Ribbon Value.