Free Tool · Illustrative Estimate

The Cost of Waiting

Doing nothing feels free. It bills monthly. Drag the slider and watch the estimate grow — fees stacking, doors closing, equity leaking — then make the free calls that stop the meter.

Months of doing nothing

6 months

1 moa year2 years

Estimated cost of waiting 6 months

$24,164

added to what it takes to fix or exit

Equity still protectable

$105,836

of your $130,000 starting cushion

Where the $24,164 goes

  • Missed payments$16,800
  • Interest & late charges$1,368
  • Escrow advances$3,696
  • Legal fees & costs$2,300

Past ~4 months, this estimate assumes a case was filed — attorney fees and court costs now stack onto the payoff with each milestone.

Doors, in the order waiting closes them

  • Cheapest fixesRepayment plans & reinstatement are smallest right now — no legal fees yet.
  • The quiet windowAround 120 days, the lender can send the NOI and file. Legal fees start stacking after referral.
  • The 35-day answerOnce served, the answer window opens — and closes. With it goes the free mediation seat.
  • Cure at its cheapestThe right to cure runs to final judgment, but the toll grows every month it waits.
  • The runway a sale needsA listed sale needs months of runway. Late starts leave only the discount options.

The counter-move is free, today.

One call to loss mitigation, one free counselor (800-569-4287), one page with your real numbers. Every month earlier is cheaper than this estimate — and the estimate only rises.

Rank My Options FreePrint My Battle Plan

Illustrative estimate only, from the assumptions you set above — not a quote, a prediction, or advice. Real arrears grow according to your note, your escrow, and your case’s milestones; the only real numbers are your servicer’s written, itemized reinstatement and payoff quotes, which you are entitled to request. General education, not legal or financial advice.

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