Cost of Waiting Mortgage Calculator
Show clients the savings at lower rates—and the money they may lose by waiting.
Loan & Rate Assumptions
Assumes fixed-rate fully amortizing loan. Payments shown are principal & interest only (no taxes/insurance/HOA/MIP/PMI). For illustration—confirm eligibility, pricing, and APR with actual disclosures.
Monthly P&I Payments
Today’s Rate
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Lower Rate Today
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Future Rate After Wait
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Savings Snapshot
Monthly savings vs Today’s Rate if you take the Lower Rate now:
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(Today’s Payment − Lower Rate Today)
Monthly savings vs Today’s Rate if you wait and get the future rate:
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(Today’s Payment − Future Rate After Wait)
Cost of Waiting
Potential savings you miss during the wait period:
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= (Today’s Payment − Future Payment) × Wait Months
Break‑even time after waiting:
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Months needed at the future lower rate to catch up the missed savings vs taking the lower rate today.