The Cost of Waiting a Year to Buy

The graphic shows principal and interest assuming 30 year mortgage rates go from 4.2% to 5.2% (as projected by Freddie Mac) and home prices appreciate 4% (as projected by the HPES). Price increase is added to the mortgage amount.

Freddie Mac: June 2014 Public Outlook PDF

Home Price Expectation Survey

Source: KCM Blog