John Mazzara
RE/MAX Results

Cost of Waiting to Buy

Sales Price
Down Payment
Interest Rate
Term (Years)

While waiting, the price changes
While waiting the rate changes

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Cost of Waiting to Buy

This shows a buyer what can happen to the payment if while they are waiting for the price of the home to come down, the interest rate were to go up.

Due to the higher interest rate, the home may have a higher monthly payment even though the price of the home was less.

Housing affordability is based on price and interest rates.

This is not an offer of credit but is a general illustration of typical mortgage terms and concepts. Susan Anthony and Stars & Stripes Realty are not mortgage lenders. You should contact a specific lender to learn more about its mortgage products and your eligibility for such products. License: