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Move-Up Analysis

Moving Up Can Be Lower Expenses Than Expected

From the increased tax savings on a new mortgage and property taxes to clearing out current home equity loans or other debt, moving up may not carry the payment increase you expected — this report builds the full picture, live.

1

The home you’re in now

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$
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2

What selling nets you

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%
$
3

Debts you’d clear at closing

Cards, a HELOC, a car loan — proceeds can pay them off the day you close. Their monthly payments stop, but a smaller down payment means a bigger loan. Both sides are counted.

$
$
4

The home you’re moving to

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$
%
%
$
$
▸ California Prop 19 — carry your low tax base
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5

Your tax picture

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The comparison

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▸ More assumptions
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Nothing is saved or sent — everything runs right here in your browser.

Adjust
live
New price
$
Down payment
$
New rate
%
Appreciation
%
Sell price
$
Years
yrs
Shown in
Your move-up report

The real monthly difference

What moving up actually costs each month

Net worth: moving up vs staying put

If you sold at each point, after costs
Move up Stay put
Real monthly difference —
Debt cleared at closing —
Net worth advantage —
Total tax savings —
Increase on paper —Before debts & tax benefit
Where you stand at the end of year 10
Estimated new-home value —
−
Mortgage balance still owed —
=
Your home equity —

The balance you still owe reflects any extra principal, refinance, or biweekly payments you model below.

Equity in the new home

Down payment Principal paid Appreciation

The bigger deduction, adding up

Cumulative tax savings

And it can get even better

Upside not counted in the numbers above
Refinance if rates drop

Lower your rate down the road, keep your payment steady, and more of every dollar goes to principal instead of interest — cutting total interest and building equity faster than this report shows.

% in year yr
Pay a little extra toward principal

Even small extra principal payments shrink the loan ahead of schedule, significantly increasing your equity position and net worth over the same years.

Add $ per month toward principal
Switch to biweekly payments

Pay half your mortgage every two weeks and you make one extra payment a year without feeling it — quietly shaving years off the loan and lifting your equity.

Justin Walsh
Justin WalshBranch Manager · Franklin Direct · NMLS #968831
Ready to see what you actually qualify for? Let’s turn this into a real plan.Or if you have questions and aren’t ready to apply, give me a call!
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