Same house, five rates: the monthly payment at each, and how much house the same payment buys. Principal and interest only. The calculation runs in your browser.
Thirty-year fixed, standard amortization. Taxes, insurance, HOA and mortgage insurance are left out on purpose: they do not change with the rate, and this page is about what the rate changes. The highlighted row is the latest Freddie Mac weekly average, updated when the survey prints.
What the same loan costs every month as the rate moves.
| Rate | Monthly P&I | vs. the lowest |
|---|
The useful question: at the payment you would hold to, how much house does each rate buy?
| Rate | Price you could pay | Loan amount |
|---|
Tell me the price range you are looking in and roughly what you want the payment to be. I’ll run it at the current rate, with real taxes for the towns you are considering, and reply within one business day. Your calculation comes with the request.
Every row is the same loan. The only thing changing is the rate. This is the table people feel: the house they were looking at in the spring costs more every month now.
Hold the monthly number still and each rate buys a different price. Per full point of rate, the same payment buys roughly a tenth less loan. That is the number that quietly re-sorts which houses are on your list.
All real, none rate-sensitive, and taxes vary by town far more than by rate. Move-Up Math carries taxes and insurance; use it once you have a town in mind.
The ladder brackets where rates have been this year. It is not a guess about where they go next, and it is not a loan offer or an approval. Your lender prices your file.
Demand cooled when rates moved, but new listings thinned at almost the same pace, so the discounts people were waiting for have not shown up in the national numbers. That makes the second table the honest version of “wait for a better rate”: the payment you can carry sets the house you can buy, and waiting only helps if the rate falls more than the competition returns.
This is a planning estimate from the figures you enter and standard 30-year amortization. It is not a loan offer, a rate quote, an approval, or financial advice. Rates shown other than the highlighted Freddie Mac average are scenarios, not quotes.
Move-Up Math takes the equity from a sale and shows the new monthly number with taxes and insurance in it. It opens at today’s rate.
Run Move-Up Math →If the rate move has you wondering what you would actually keep from a sale, the net sheet runs the New Jersey fees line by line.
Run the seller net sheet →