A LITTLE CLARITY. A BIG NEXT CHAPTER.
A home of your own.
Room for your life.
Could buying help your financial future? Start with what feels comfortable. See the tradeoffs before you make a move.
No credit pull. No signup. Your numbers stay in this page.
01 Your comfort zone02 The real tradeoffs03 Your next move
01 · YOUR COMFORT ZONE
House Poor? Not Here.
A price based on your comfortable payment—with room for upkeep. Cash readiness is a separate check below.
Every monthly dollar, accounted for.
Utilities are excluded. Keep their cost in mind when choosing your comfortable payment.
Make this estimate your own Rate, costs & future scenarios +
These are editable planning assumptions, not current quotes. Changes update every result.
30-year conventional illustration. PMI is modeled at a constant rate until the scheduled balance reaches 80% of original price; actual cancellation rules differ. No income, debt or credit qualification is performed.
02 · THE REAL TRADEOFFS
Rent vs. own.
Look beyond the monthly payment.
Compare the estimated economic cost after selling the home. Both choices have costs. Neither outcome is guaranteed.
KEEP RENTING
Estimated economic cost
BUY & SELL AFTER 5 YEARS
Estimated economic cost
How we compare fairly
Rent cost includes rising rent and renters insurance. Owning cost equals down payment + buying costs + all mortgage payments + taxes + insurance + maintenance + HOA + opportunity cost − net sale proceeds. Net proceeds equal future value minus selling costs and remaining mortgage balance. Principal is included in payments and recovered through equity, so it is not counted twice.
Opportunity cost models investing the down payment and buying costs, plus investing the monthly difference between owning and renting. If renting costs more, that difference benefits the owner and reduces owning cost. Both paths retain the same starting emergency reserve. Investment returns are before tax; no mortgage tax deduction, capital-gains tax, rent deposit, moving costs or utility differences are modeled. Annual property costs rise with the entered cost-growth assumption. Home appreciation can be negative. Equity is not spendable cash while you keep the home.
03 · YOUR PATH TO OWNERSHIP
A plan that protects your savings.
Your cash has two jobs: help you buy, and help you breathe afterward.
Your cash checkpoint
Closing costs include modeled prepaids. Inspections, moving and lender-required reserves may add to this amount. Earnest money already paid counts toward—not on top of—cash to close.
HELP WORTH EXPLORING
Assistance may open a door.
Kentucky Housing Corporation advertises up to $12,500 in down payment and closing cost assistance through a repayable secondary loan. Eligibility, funding, payment and loan terms need lender review.
Read KHC’s current rules ↗Louisville Metro may offer help for eligible buyers and properties. Ask about income limits, funding, required contributions and repayment.
Explore Louisville Metro assistance ↗No assistance is deducted in this check. A repayable loan can change monthly costs and equity. Programs cannot be assumed to combine.
04 · YOUR NEXT MOVE
Turn this starting point into real numbers.
Colin can review your payment, cash and possible assistance—and help connect you with an agent.
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