Best for homeowners with a low mortgage rate who feel stuck because monthly debt payments — not the mortgage itself — are limiting the next move.
Current Home
Selling costs
$21,250
Estimated net equity
$163,750
Current total monthly
$2,754.50
Current Debt
High-priority debt
Moderate-cost debt
Low-cost debt
Next Home
Move-Up Costs More
Moving up may increase your monthly cost by about $1,580/month.
Based on your current mortgage, debt payments, equity, and next-home inputs. Your monthly obligation includes mortgage + PMI + taxes / insurance / HOA + remaining debt payments.
Current monthly
$2,754.50
New monthly
$4,334.37
Monthly increase
$1,579.87
Annual increase
$18,958
Moving up may still be possible, but this scenario increases your monthly obligation. A personalized review can test different price points, down payment amounts, and debt payoff options.
The Numbers
Debt paid off with equity
$36,000
Equity used for down payment
$28,750
Remaining cash reserves
$99,000
New estimated loan amount
$546,250
New LTV
95.0%
PMI (monthly)
$132.01
New P&I
$3,363.36
New taxes/ins/HOA
$629
Remaining debt payments
$210.00
Why this matters: This comparison looks at your full monthly obligation, not just your mortgage rate. A higher mortgage rate can still make sense if paying off debt removes enough monthly payments.
Things to watch
- New monthly obligation increases by more than 15% compared to today.
Want me to review your move-up strategy personally?
I'll review your equity, debt, payment structure, and loan options to see whether moving up makes sense before you list your home.
This is an educational estimate, not a loan approval, loan estimate, or commitment to lend. Selling costs, rates, PMI, taxes, insurance, qualification, and available loan programs may vary.