Cost of Waiting to Buy a Home | Home Financial Group

Calculators/Cost of Waiting

Cost of Waiting Calculator

See how waiting to buy impacts your total cost

Current Home Price

$100,000$2,000,000

Today's Rate

1%12%

Expected Future Rate7.00%

1%12%

Down Payment20%

0%50%

Loan Term

Months to Wait12 months

3 mo5 yrs

Waiting 12 Months Could Cost You

$65,546

Over the life of the loan

Buy Today

$2,022.62

/month @ 6.50%

$400,000

Purchase price

Buy in 12mo

$2,204.69

/month @ 7.00%

$414,227

Future price

Monthly Payment Increase+$182.07/mo

Home Price Increase+$14,227

Additional Down Payment+$2,845

Total Extra Cost (Life of Loan)$65,546

Don't Wait — Apply Now

This calculator provides estimates for informational purposes only. Actual payments may vary based on credit score, loan program, and other factors. Contact Home Financial Group at (954) 370-4849 for a personalized quote. NMLS# 305389.