This spreadsheet breaks down the cost of waiting for the perfect interest rate, with 20% down on a $350,000 property. Essentially, when all the variables are added up, waiting one year will cost you $25,321, while waiting two years will cost you $52,111.

So what are you waiting for? If you’re waiting to save enough to put 20% down, I got news for you: you may not need 20% down. There are plenty of loans available where you can put anywhere from 5% to 1% down. Click here to apply today.

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