🏠 Sell & Buy Home Transition Calculator

How This Calculator Works

This tool models a two-sided "concurrent close" where the proceeds from selling your current home become the down payment on the next one. Move the sliders to see how each lever affects the bridge of cash from old roof to new.

Selling side

• Sale Price — what a buyer pays at closing
• Current Mortgage Balance — your payoff figure on the existing loan
• Real Estate Commission — typically 5–6% of sale price, split between the listing and buyer's agent
• Seller Closing Costs — Florida doc stamps, title insurance, recording fees, etc.

Net Proceeds = Sale Price − Mortgage Payoff − Commission − Closing Costs.

Buying side

• Purchase Price — what you pay for the new home
• Down Payment — auto-linked to net proceeds when the toggle is on, or move independently to test scenarios where you keep cash back
• Interest Rate — 30-year fixed assumption; your actual rate depends on credit, loan amount, occupancy, and lock period
• Monthly Taxes + Insurance + HOA — escrowed amounts plus any association dues

Monthly Principal & Interest assumes a 30-year fully amortizing fixed-rate loan. Mortgage insurance (PMI/MIP) is not included in the P&I figure even if your down payment is below 20% — that's added on top once your loan program is selected.

Important caveats

• If you refinance into a new 30-year term, the clock on your amortization resets. If you previously had a 15-year loan with significant principal paid down, a 30-year mortgage will lower your monthly cost but extend your payoff date.
• Closing costs on the new purchase (lender fees, appraisal, title, prepaids) are not modeled here — those typically run another 2–4% of purchase price in Florida and would reduce the cash you bring to closing or be added to the loan if structured that way.
• This estimate uses a flat property-tax + insurance figure. Florida insurance has been volatile; your true number will depend on the property, county, flood zone, and carrier.

To get a real number — including PMI, exact closing costs, and a lender pre-approval letter — schedule a 30-minute call below.