Buy now vs. Wait Calculator

Should first-time homebuyers wait a few more years to save up for a big down payment? Or is it smarter to buy right now?

Here’s a quick way to find out: Our buy now vs. wait calculator helps first-time homebuyers explore their financial options.

This handy tool quickly and easily shows consumers why it could make financial sense for them to invest in a home now rather than wait to save up a 20% down payment.

The calculator is available in English or Spanish.

Convert more renters to homebuyers with consumer calculators from MGIC – see our full suite of calculators here!