” If you can truly get $270k in clear equity out of your present home, I would run, not walk. ”

I agree with ex-sd. Rent for a while then buy your dream house.

Your holding costs are still higher than comparable rent, so you would save money by renting PLUS you’ll have a growing downpayment to put towards your “forever” home which you’ll acquire at great discount, perhaps close to the selling price of your current home.

The only reason for owning is if your holding costs are subtantially LOWER than comparable rent making it a savings to own.

I did the calculation myself, that’s the simple answer to that question. You want to preserve your standard of living while saving money. Think of it as “how can I have the same standard of living for the lowest cash outflow.”