On-demand homeowner education · 20 minutes, 44 seconds
Love Your Mortgage Rate. Outgrown Your Home?
A low mortgage rate is valuable. But does it mean moving is automatically the wrong financial decision? Explore one hypothetical family's home equity, high-interest debt, and choices before deciding whether to stay or move.
What you'll learn
See how one fictional growing family evaluates its current mortgage payment, estimated proceeds from a sale, credit-card and installment debt, and the costs of buying another home. The goal is to understand tradeoffs—not to assume moving always wins.
This video focuses on move-up homeowners. If you're buying your first home or restructuring debt while staying put, choose the corresponding path in the calculator.