Jonathan Muse · Muse Mortgage & Loan
NMLS #2430021 · (912) 515-6659
NMLS #2430021 · (912) 515-6659
A tool for buyers
Waiting for rates to come down is a decision too, and it has a price. Put in your numbers and see what the wait itself would cost you, and the rate you’d actually need to get for waiting to come out ahead.
The home you’re looking at, or a typical one in your range.
As a percent of the price. 3, 5, 10 and 20 are all common.
The 30-year fixed rate you could get right now. We don’t guess this for you; use a quote you’ve actually been given.
The rate that would make you say “now.”
Assumes you’d qualify to refinance when rates reach that level. Not a guarantee of future rates or approval.
Your guess at how prices move while you wait. Can be negative if you expect them to fall.
How long you think it takes for your rate to show up, from 1 to 120 months.
Enter 0 if you’re not paying rent while you wait.
Estimate, principal and interest only; taxes, insurance and PMI not included. Assumes a 30-year fixed loan and the same down-payment percentage whether you buy now or later.
Your result
Enter today’s rate and the rate you’re waiting for, and the result appears here.
The rate you’d need
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Buy now
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Buy after the wait
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Cost of waiting
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These figures are estimates for illustration only, based on numbers you entered. They are not a rate quote, an offer to lend, or a commitment to extend credit. Actual rates, payments and costs depend on your application and are subject to credit review and underwriting approval.
Watch my rate
We’ll have your file ready the day it hits.
Information you submit here is used only to contact you about financing. It is not sold or shared with third parties for marketing. See our privacy policy.
Real numbers take about fifteen minutes. This calculator ran on your guesses; an application gives you actual rates, payments and costs for your situation and where you’re trying to go. There’s no obligation, and it doesn’t commit you to anything.