FREE INTERACTIVE TOOL
Moving up? Know your real numbers first. Run the moving up calculator below.
See how much of your equity actually carries forward, whether you can carry the bigger home, and the answer to the question that keeps movers up at night: buy first, or sell first?
Step 1 · Your Equity, Carried Forward
Step 3 · The Big Question
Buy first means you secure the new home before selling. You'll likely need bridge financing to cover the gap.
Step 2 · The Next Home
Assumes $297,500 in equity carried forward from Step 1, and a 25-year amortization.
Educational estimate only. This is not an approval, a commitment or a personalised recommendation. Your actual payment, qualification, fees and penalties depend on the lender’s terms and on verified information. Talk to us before you act on these numbers.
Get your move-up game plan
A written plan with your equity, your new payment, your land transfer tax, and a clear buy-or-sell-first strategy built around your timeline.
How this tool works
The method behind the moving up calculator
Buying and selling at the same time is a timing problem before it is a lending problem. This tool estimates what you would have to work with, and where the gaps fall.
How it is calculated
Down payment available = net proceeds − costs due before closing
Bridge amount = purchase deposit and closing needs falling before the sale completes
Selling costs typically include real estate commission, legal fees and any prepayment charge if the existing mortgage is being broken rather than ported.
Porting is the question worth asking early
Porting moves your existing mortgage to the new property, which can avoid a prepayment charge. Whether you can port, how long you have to do it, and whether the amounts can be increased are all lender-specific and worth confirming before you list.
What this tool cannot tell you
- What the house will sell for. Every number downstream moves with this one.
- Whether bridge financing is available. Bridge usually requires a firm sale. Without one, most lenders will not bridge, and that single fact reshapes the whole plan.
- Your penalty. If you are breaking rather than porting, only your lender can calculate it.
- Whether the dates work. A gap of even a few days between closings has real costs and real solutions, and it is easier to plan for than to fix.
Educational estimate only, not an approval or a commitment. Reviewed 30 August 2026 by Fusion Mortgage Group, a team of licensed mortgage brokers with BRX Mortgage Inc., Mortgage Brokerage #13463.
Next step
Buying next and selling now? Let us sequence it.
The planner shows you the shape of it. We will pressure test the timing, the financing between the two closings and what you can comfortably carry, before you list.
Want the full picture? Read our guide to moving up