Cost of Waiting Calculator
Thinking about waiting for mortgage rates to drop before you sell? This calculator shows you exactly what that decision costs — comparing your carrying costs on your current home against the rate savings you’d gain on your next purchase.
Your Next Home Purchase
Purchase Details
$
$
years
$
⚠️ PMI applies — down payment is less than 20%.
Rates to Compare
Today's Rate
%
If Rates Drop To
%
Monthly savings if rates drop
—
Your Current Home
Mortgage Details
$
%
$
$
years
$
Waiting Period
Avg. monthly carrying cost
—
Total Cost of Waiting
$0.00
Adjust the inputs above
Time to Break Even
—
to recoup cost through rate savings
True Carrying Cost During Wait
—
Rate Savings on Next Home
—
Monthly Carrying Cost
—
Monthly Rate Savings
—
The Bottom Line
Adjust the inputs above to see your personalized breakdown.
Carrying costs include mortgage interest, insurance, taxes, and PMI. Rate savings are based on standard amortization and do not account for home price changes during the waiting period. Estimates are for informational purposes only. Contact Rob for a personalized analysis.