COVID-19 updates and resources - updated 09/30/21 Dismiss Alert Buy now vs. wait calculator Shedding more light on the subject of down payment tools Should first-time homebuyers wait a few more years to save up for a big down payment? Or is it smarter to buy right now? Here’s a quick way to find out: Our buy now vs. wait calculator helps first-time homebuyers explore their financial options. This handy tool quickly and easily shows consumers why it could make financial sense for them to invest in a home now rather than wait to save up a 20% down payment. The calculator is available in English or Spanish. Buy now vs wait calculator Calculadora de comprar ahora vs. esperar Convert more renters to homebuyers with consumer calculators from MGIC – see our full suite of calculators here! PO Terms Legal Site Security Site Map © Copyright 2021 All rights reserved. About MGIC About MGIC Careers Contact Us Master Policy MI Basics New To MGIC Popular Links First-time homebuyers Get a Rate Quote Homebuyer education Self-employed borrower worksheets Training MGIC Websites Credit Unions For Investors Loan Officer Hub MGIC Connects Readynest - Tips for homebuyers MGIC Connects Facebook LinkedIn Twitter YouTube Cookies help us improve your website experience. By using our website, you agree to our use of cookies. Privacy Warning Confirm