MOVE · What can I afford after I sell?
Know what your current home makes possible next.
Your next-home budget depends on what the current home may release, what financing can support, and how the two transactions are timed.
The connected calculation
Expected equity is useful only when timing and financing also work.
Downsizing, upsizing, relocating, or simplifying usually involves more than choosing a new home. You need a reasonable estimate of net proceeds, a purchase range, and a plan for the period between the two completion dates.
A coordinated plan
Resolve the sequence before committing.
- Estimate sale proceedsUse a realistic value range and deduct the obligations and costs that reduce available equity.
- Define the next-home budgetCombine available equity, financing, closing costs, and a sensible reserve.
- Compare sell-first and buy-firstUnderstand the financing, housing, and market risks of each sequence.
- Coordinate dates and contingenciesPlan completion, possession, bridge financing, storage, or temporary accommodation where needed.
Frequently asked questions
Useful context before we talk.
Should I sell first or buy first?
The better sequence depends on financing, available equity, market conditions, timing flexibility, and how much overlap or temporary housing you can manage. Both paths should be compared before you commit to either transaction.
How is my next-home budget estimated?
A planning range combines estimated net sale proceeds, available savings, financing, purchase and closing costs, and a sensible reserve. It remains an estimate until the sale result and financing are confirmed for your actual situation.
What happens if the sale and purchase dates do not align?
Possible planning options may include negotiating dates, bridge financing through an appropriate lender, temporary accommodation, storage, or a longer possession arrangement. Availability, cost, and suitability must be confirmed for the specific transactions.
A practical next step
Plan your next move from both sides.
Bring the sale you are considering and the kind of home you may want next. The goal is a workable range and sequence—not pressure to act.
Plan my next move