Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Wednesday, May 13, 2020
Selling AND Buying

If you will be selling your home to buy another, there are a lot of numbers floating around....

  • what you'll sell for
  • your closing costs when selling
  • your mortgage payoff
  • how much you'll pay for your new home
  • how much of the purchase price you will finance
  • how much your mortgage payment will change

Above you will see a spreadsheet I put together to help you think about some of these numbers as you are evaluating if and when you will make a move to a new house.

In yellow, are all of the inputs you will need to provide, or that you and I can determine together, such as your current payment, your home's current value, your mortgage payoff, whether you will be putting any additional money into the transaction, etc.

In green, I have identified your potential future mortgage payment and the net change in your monthly payment.

All of the numbers without a background color will automatically calculate for you.

Click here to download this worksheet as an editable Excel file.