Overview
Doorly aims to make the home-buying process transparent. While every home purchase has financial requirements, our model helps you understand exactly what you’ll pay — long before closing.
Below is a breakdown of the typical costs.
1. Your Down Payment (Minimum 10%)
Doorly requires:
A minimum 10% down payment
Verified funds from acceptable sources (savings, gift funds, retirement, etc.)
This down payment goes directly toward your homeownership and equity.
2. Closing Costs (Typically 3%–6%)
These costs include:
Title and escrow fees
Recording fees
Settlement fees
Taxes (prorated)
Homeowner’s insurance setup
Doorly's origination fees
Appraisal fee
Inspection fee (if applicable)
You’ll receive your final Closing Disclosure before closing outlining every item.
3. The Doorly Resale Adjustment (Up to 10%)
Doorly purchases your home in cash and then completes a same-day resale to you with your AFM mortgage.
Some transactions may include a resale adjustment—up to 10%—added to the resale price.
This adjustment supports:
Cash offer strength
Faster closings
Operational, transaction, and capital costs
Your ability to access a mortgage program that traditional lenders cannot offer
👉 The exact resale adjustment (if any) is disclosed clearly and transparently prior to closing.
There are no surprises.
4. Home Inspection & Appraisal Fees
These vary by provider and region, but generally range from:
$350–$650 for inspection
$500–$700 for appraisal
These are paid directly to the vendors, not to Doorly.
5. Monthly Payment
After closing, your monthly payment includes:
Principal
Interest
Property taxes
Homeowner’s insurance
Mortgage insurance (if applicable)
HOA dues (if applicable; paid separately)
See Article 4 for a full breakdown.