Cost of Waiting: What's Inside

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In this article, we will dive into what is inside your Cost of Waiting report. If you need help creating your report, check out our step-by-step guide by clicking here

The Buying Now vs Waiting # Year shows the total net cost of waiting for the duration of time you selected (e.g. 2 years). The equation is Appreciation Gain + Cumulative monthly payment difference for buying now vs waiting - Cost of Refinance = Benefit of Buying Now.

  • The Cumulative monthly payment difference for buying now vs waiting is the difference between the payments made over the waiting period when buying now and the same number of payments when waiting.  For example, if your waiting period is 2 years, this figure will compare the total payment difference between the first 24 payments.

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In the next section, you can see the Appreciation Gain of the property over time. 

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The Payment Difference chart shows what the monthly payment would be now and what it would be if you were to wait and take this loan out at a later point.

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At the bottom of the report, you will find a full breakdown of the Property and Loan Details. You can make edits to these details by clicking Edit at the top right corner of the page. 

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