Search

buy now vs. wait calculator

should you wait a few more years to save up for a big down payment?

calculator

or is it smarter to buy right now?

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.

But how do you figure out what makes sense for you? Don’t worry; we made a calculator for that. With a little info about your current rent and savings, plus some guesses about the home you might want to buy, you can explore your financial options.

stories related to down payment

We use cookies on this site to enhance your experience. By continuing to use this site you agree with our use of cookies.    Privacy Policy    accept