It's more than just the interest rate on your potential new home. Let's consider the overall interest rates on all your debts. This calculator takes into account how we can leverage your equity for other options. Although your new mortgage rate may be higher for now, remember that when I handle your purchase transaction, I also take care of your refinance without charging for the appraisal or other loan fees. We can refinance you into a lower rate when interest rates decrease, allowing you to move into your next home while simultaneously addressing all your credit debt