Funding amount: The initial payment made by EasyKnock, which also includes paying off the mortgage balance. Loan-to-value ratio: A loan-to-value ratio (LTV) compares the mortgage balance to the value of the house. Mortgage balance: This is the full amount owed to the bank or lender by a homeowner and includes the principal and accrued interest. Buyout price: The amount to be paid to EasyKnock upon the future sale of the house, or to repurchase. Sale-leaseback: This arrangement allows the customer to lease the house from EasyKnock once the sale has been made.