https://www.mgic.com/mgic/buynow/?utm_source=dpr&utm_medium=website&utm_campaign=bvw&utm_term=blog-is-mortgage-insurance-really-worth-it&utm_content=embed-urlIt seems to me this calculator just always tells you "buy now", as long as you have the following two inputs met:

1. enough money for the down payment (based on a 3% down payment)

2. based on the price of the house you put in

What's really shocking is the phrasing they use in the 'recommendation':

"Consider this: if you buy now, after 3.42 years you will have reached $46,498 in home equity"

...

scrolls down to "Grand total after 3.42 years"

...

Under "Wait to Buy" it shows

*greater* home equity in 3.42 years (because you buy with a higher down payment).

<<rolls eyes>>

Am I missing something, or is this calculator just garbage, pushing their products?

Seems they have a pig of a calculator, and they put lipstick on it.