Model selling your current home, paying off high-interest consumer balances from the proceeds, and repositioning into your next home — with a clear monthly household picture. Free, instant, no credit pull.
Selling your current home, using the proceeds to pay off the mortgage and high-interest consumer balances, and putting what remains toward your next home. The calculator shows the blended rate you carry today across everything you owe (your Life Rate), what it becomes when those balances are paid off and folded into one mortgage, and the honest monthly household change.
The balance-weighted average interest rate across your mortgage, any second lien, and the consumer debts you enter. Paying off high-rate balances from sale proceeds and carrying one mortgage on the next home usually lowers that blended rate — even when the new mortgage payment itself is higher.
They size everything downstream — the funds available, the new loan, the new payment, and the Life Rate after. Commissions, title, escrow and transfer costs vary by deal, so the tool never asserts a number for you. Enter your best estimate as a percent of the sale price or in dollars; leave it blank and the funds line stays blank rather than showing a made-up figure.
No. It is a forecast based on the rate you enter, shown third and labeled as such. Historically, national averages have run roughly 3–5% per year, but property values can also decline. The picture with 0% appreciation is always shown alongside it.