Wait and save? Or buy right now? Here's a quick way to find out.
Waiting to save 20% down can mean a smaller monthly mortgage payment when you do buy, but the rent payments you make during that time don’t build equity – and you can’t predict how interest rates, home prices and housing availability will change while you save.
The Buy Now vs. Wait Calculator instantly provides a comprehensive comparison of the financial implications of either choice.
Launch the calculatorThat’s one of those questions more easily asked than answered, and one that depends on your target home price.
A smaller down payment allowed one experienced homebuyer to reserve cash for renovations – both surprise and planned.
We're not talking about a crisp 20 dollar bill in a birthday card from Grandma.
