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Cost of Waiting Calculator

See what waiting 6 months, 1 year, or longer to buy a home could cost in higher prices and payments.

Current Scenario

Home Price Today

Down Payment

20.0% · Loan: $320,000

Current Interest Rate

Loan Term

Expected Home Appreciation

% / yr

Expected Rate Change

Future rate: 7.000%

If you buy today

$2,075.51/mo

$320,000 loan · 6.75% · 30-yr fixed

Home Price Today

$400,000

Cost of Waiting

Wait 6 Months

↑ Costs More

Home Price

$407,922+$7,922

Monthly Payment

$2,171.13+$96/mo

Extra Down Payment Needed+$1,584

Extra Cost Over Loan Life+$34,422

Wait 1 Year

↑ Costs More

Home Price

$416,000+$16,000

Monthly Payment

$2,214.13+$139/mo

Extra Down Payment Needed+$3,200

Extra Cost Over Loan Life+$49,901

Wait 2 Years

↑ Costs More

Home Price

$432,640+$32,640

Monthly Payment

$2,302.69+$227/mo

Extra Down Payment Needed+$6,528

Extra Cost Over Loan Life+$81,784

Wait 3 Years

↑ Costs More

Home Price

$449,946+$49,946

Monthly Payment

$2,394.80+$319/mo

Extra Down Payment Needed+$9,989

Extra Cost Over Loan Life+$114,943

* This calculator provides estimates for informational purposes only. Home prices and interest rates are unpredictable. Results assume the same down payment percentage is maintained as home prices change. Not a loan commitment or guarantee of any specific rate or terms.