Based on your numbers, here's what you give up by waiting instead of buying today.
Home price increase
You'll pay this much more for the same home
$0
Equity missed
Principal paydown + appreciation you miss out on
$0
Rent paid while waiting
Money spent with nothing to show for it
$0
Total cost of waiting
$0
in equity missed + rent paid
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This tool provides estimates for illustrative purposes only and does not constitute a loan offer, pre-approval, commitment, or financial advice. Rates, payments, and figures shown are samples and may not reflect actual terms available to you. Contact Grant Shippel (NMLS# 2750635) at Princeton Mortgage (NMLS# 113856) for a personalized consultation. Equal Housing Lender.