Estimated Cost of Waiting:

Waiting to buy a home is a costly decision. Everyday you don't own a home is costing you valuable tax savings and appreciation loss. We can estimate how much this is costing you by using the calculation below.

The Calculation:

Home Price What is the asking price of the home?
Down Payment How much can you apply toward the loan?
Current Loan Interest Rate (%) What interest rate will you pay for your home loan?
Loan Amortization Period How long is the life of your loan 15 years, 30 years, etc?
Estimated Buyer Income Tax Rate What was your "tax bracket" on your last tax return?
Estimated Annual Appreciation (%) How much will your home value rise in one year?