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Home Improvement vs. Moving Calculator


Not sure if you should improve your home or move?

Use HomeGain's Home Improvement vs. Moving Calculator to compare the cost of moving into a new home with the cost of improving your current house. This calculator assumes that you are financing your home improvement, and will show you a side by side comparison of the costs involved. If you choose to move, contact a local realtor to help you buy your new home and sell your old house. If you choose to improve your current house visit the Home Improvement tool.

Home Improvement vs. Moving Calculator


Current Mortgage New Mortgage
Current monthly mortgage $   Home Price $
Annual property taxes $   Down Payment $
Current home selling price $   Loan Term (Years)  
Cost of Improvement $   Interest Rate   %
Amount of Loan on Improvement $   Loan Fees $
Interest Rate on Improvement Loan   %   Annual property Taxes $
Term of Improvement Loan (Years)     Moving Cost $
Improvement Loan Fees $   Transaction Cost   %



In calculating the transaction cost percentage, please bear in mind that transaction costs typically include agent commissions, title fees, escrow fees, local transfer taxes, legal fees, and all other miscellaneous charges customarily paid by the seller in your area. These fees typically total 10% of the home selling price, but can vary widely depending on your location.