Compare the home you have with the one you might buy. Work through monthly costs, cash after moving, offer options, and the choice to wait.
Compare what you pay for your home now with what another home could cost each month. Enter your current expenses, then adjust the next home’s price, down payment, and interest rate. See the monthly difference and compare it with your own budget.
Example numbers only. Replace these with your estimates.
What you pay now.
Your mortgage bill may include taxes and insurance. Enter only the loan payment here. That way, taxes and insurance are not counted twice.
Your loan payment before taxes and insurance. Enter 0 if your home is paid off.
Enter 0 for any cost you don’t have.
Your best guesses for the next home.
Use a lender quote or a rate you want to try.
Checking the national average rate…
Taxes and insurance may be different from your current home. Mortgage insurance is often required when you put less than 20% down. Ask your lender about it and other loan costs.
Your current housing payment is about $1,750 a month. Your next home would be about $2,975 a month, about $1,225 more.
| Monthly | Current | Next home | Change |
|---|---|---|---|
| Loan payment (principal and interest) | $1,200 | $2,275 | +$1,075 |
| Property taxes | $400 | $500 | +$100 |
| Homeowners insurance | $150 | $200 | +$50 |
| HOA dues | $0 | $0 | $0 |
| Mortgage insurance | $0 | $0 | $0 |
| Housing payment | $1,750 | $2,975 | +$1,225 |
Rounded to whole dollars. Totals use exact amounts before rounding.
This is your own comfort check. It is not a loan approval or a full review of what you can afford.
Price, down payment, rate, taxes, and HOA dues all change the result. Try adjusting them above.
These are estimates for comparison. They are not a loan quote or approval. Real costs may be different. Closing costs, moving costs, and other household costs are not included. Utilities and maintenance count only if you enter them.
Estimate the money available from savings and a home sale, if you are selling. Then subtract your down payment, closing costs, and moving expenses. See what could be left and compare it with the amount you want to keep.
Example numbers only. Replace these with your own.
Money you can put toward this move.
Use payoff amounts from your lender, not statement balances. Include any other loans tied to the home.
Enter 0 if you own it free and clear.
Include a HELOC or other loan tied to the home. Enter 0 if none.
Costs taken out of your sale money at closing.
Put repairs and prep before listing under Other move expenses, not here.
For example, your share of property taxes or HOA dues. Leave blank if none.
Money left from your home sale$125,000
Do not count sale money again here. If you already paid purchase costs, include that money in your savings for this move.
Enter 0 if none.
For your reference only. Not used in the math.
Total funds available$155,000
What the purchase and the move will cost.
Earnest money is part of your down payment and closing money. Do not add it again as an extra cost.
Use your lender’s estimate if you have one. Count each cost once, even if you already paid it.
Count each cost once. Include costs you already paid, and include the money for them in your savings. Enter 0 for costs that do not apply.
Total cash needed$112,000
These results assume your sale money is ready when you need it.
About $43,000 left after the move.
| Cash available | |
|---|---|
| Expected sale price | $350,000 |
| Mortgage payoff | −$200,000 |
| Home equity loan and other payoffs | −$0 |
| Selling expenses | −$25,000 |
| Savings set aside for this move | $30,000 |
| Other money you know you will have | $0 |
| Total funds available | $155,000 |
| Cash needed | |
| Down payment (20%) | $90,000 |
| Closing costs and upfront payments | $12,000 |
| Repairs and prep before selling | $3,000 |
| Moving expenses | $2,000 |
| Repairs or upgrades at your next home | $5,000 |
| Paying for two homes at once | $0 |
| Other one-time expenses | $0 |
| Total cash needed | $112,000 |
| Cash left after the move | $43,000 |
Rounded to whole dollars. Totals use exact amounts before rounding.
About $13,000 more than the cash you want to keep.
You choose this amount. This tool does not suggest an amount or decide if you can afford the move.
Next home monthly housing payment$2,975From the Monthly payment tab
Cash left after the move$43,000After the move
Explore how your down payment changes both your monthly payment and the cash you keep.
Open the Monthly payment tabSale price, payoffs, down payment, and closing costs move this number the most.
These are planning estimates. Real sale money, payoffs, costs, credits, and timing may be different. This covers the whole move. It is not a closing statement or the amount due at closing. Check the details with your agent, lender, and closing company.
Compare asking for a lower price, help with closing costs, or money toward a lower interest rate. See how each option changes your monthly payment and the cash you need. Your lender must confirm which credits and rates are available.
Example numbers only. The credit limit and lower-rate numbers are not lender quotes.
Shared with the Monthly payment and Cash tabs.
One amount, three separate ways to ask for it.
These are separate choices. You would ask for one, not all three. The same dollar amount can cost the seller different amounts.
Leave a field blank to use the amount above.
At the lower price, your down payment would be 88,000 dollars.
Blank fields use your starting plan. Taxes and insurance do not automatically fall with the price.
This is a permanent rate buydown. Your lender must quote both the lower rate and its added upfront cost.
Include the added cost only if your lender says credits can pay it.
Leave blank to use the limit in your starting plan.
Cash amounts include the whole move using the Cash tab. They are not the amount due at closing.
Lowest-payment and least-cash labels appear only when all four options are complete and lender-dependent figures are confirmed.
Your plan as it is now, with nothing new asked for.
Lowers the price and the amount borrowed. Your down payment choice affects the cash difference.
Can pay eligible closing costs. It does not lower the amount borrowed or the interest rate.
Can lower the monthly payment but adds an upfront cost. Compare your lender's real quote.
| Item | Your starting plan | Lower price | Seller help with closing costs | Pay upfront for a lower rate |
|---|---|---|---|---|
| Purchase price | $450,000 | $440,000 | $450,000 | $450,000 |
| Down payment | $90,000 | $88,000 | $90,000 | $90,000 |
| Amount borrowed | $360,000 | $352,000 | $360,000 | $360,000 |
| Interest rate | 6.5% | 6.5% | 6.5% | 6% |
| Loan payment before taxes and insurance | $2,275 | $2,225 | $2,275 | $2,158 |
| Taxes, insurance, HOA dues and mortgage insurance | $700 | $700 | $700 | $700 |
| Monthly housing payment | $2,975 | $2,925 | $2,975 | $2,858 |
| Closing costs and upfront payments | $12,000 | $12,000 | $12,000 | $22,000 |
| Credits used | $0 | $0 | $10,000 | $10,000 |
| Total cash needed | $112,000 | $110,000 | $102,000 | $112,000 |
| Cash left after moving | $43,000 | $45,000 | $53,000 | $43,000 |
Each option trades one of these for another. There is no single right answer.
These are planning estimates, not a loan quote or approval. Credits, rate costs, mortgage insurance and allowed costs depend on your loan and deal. Check your options with your lender and agent. A lower monthly payment does not always mean you pay less overall.
Explore what could change if you move now or wait. Adjust the future home price, interest rate, and savings. Compare the monthly payment and the cash left after each move.
These are possibilities you choose, not predictions.Example numbers only. Wait 12 months with no price or rate change and add $500 a month to savings. Move now uses the other tabs' current plan. Nothing on those tabs was changed.
Your move-now purchase details come from the other tabs. Future assumptions stay on this tab and never change those tabs.
The move-now plan comes from the other tabs. These future assumptions are yours to change.
You would move around October 2027.
This is the total change during the wait, not an annual growth rate.
Future purchase price: $450,000.
Starting assumption: the rate stays the same. This is not a forecast.
Equals $90,000. You would borrow $360,000.
These start as copies of your move-now plan. Taxes and insurance do not change automatically when the price changes.
Ask your lender. Mortgage insurance is not estimated for you.
Enter 0 for a required cost that does not apply. Missing costs are not assumed to be zero. The wait period can be up to 120 months even though the slider stops at 36.
One-time money and costs for the later move.
Starting amount: savings set aside on the Cash tab ($30,000).
Estimate what you would add or use after housing costs and regular bills. Those bills are not subtracted again.
Savings at the later move$36,000
Other known funds from the Cash tab stay the same. They are not grown during the wait.
The sale price is separate from the next home's price. Interest rates are never used to guess home values.
This is the total change over the wait, not a yearly growth rate.
Future sale price: $350,000.
Starting assumption: the same as now. Ask your lender for a payoff estimate.
This is a rough loan-balance estimate, not a lender payoff quote. Your lender's payoff may include interest and other amounts.
These start as copies of the current plan. Future credits start at zero because today's seller or lender offer may not be available later.
Credits pay only eligible closing costs. They never reduce the down payment or become cash back.
Under these assumptions, moving in October 2027 would mean about the same monthly payment than moving now.
These amounts are measured at different dates. They do not compare total wealth at one future date.
This shows the later loan payment before taxes and insurance. Price, down payment, and term stay the same. No rate is a prediction.
Enter a From rate lower than To, both between 0% and 15%. Choose a smaller range if needed.
Price, rate, savings, and how long you wait all change these numbers.
These are planning examples, not predictions, loan quotes, or approval. Rates, prices, costs, and financing may change. This does not compare total ownership costs or total wealth.
Start with the numbers you know and replace any example amounts with your own estimates. A blank required cost is not treated as zero.
Compare your current housing payment with an estimated payment for another home. This is a cost comparison, not an affordability determination or loan approval.
Combine available funds, a home sale if applicable, purchase costs, and moving expenses. The result is a planning estimate, not a final closing statement.
Explore a lower purchase price, closing-cost help, or a permanent rate buydown. A lender must confirm credit limits, eligible costs, and any proposed rate.
Compare a move now with a future scenario using assumptions you choose. This tool does not predict prices or rates, and it does not pick a winner.
Estimates only. Nothing here is a loan offer or rate quote. Talk with a lender about your financing and actual costs.
No. Your entries stay in this browser while you use this page. They are not saved or sent anywhere. If you are signed in, we only note which calculator you finished, never your numbers.
Yes. The tools share your current purchase plan. Changes to shared details, such as purchase price or down payment, appear in the other tools. The Now or wait tool keeps its future assumptions separate.
No. You choose the future assumptions to compare possibilities. The result does not predict rates, forecast prices, or decide whether moving now or later is better for you.
No. These are planning estimates, not a loan offer, rate quote, approval, or closing statement. Talk with a lender about available rates, loan terms, credits, and your actual costs.
A Pederson agent can walk through your plan with you. No pressure.
