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Rent VS. Buy Calculator
This calculator will help you determine your savings should you buy instead of rent
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Monthly rent ($):
Monthly rental insurance ($):
Expected annual inflation rate (%):
Purchase price of home ($):
Down payment amount ($):
Length of mortgage term (# of years):
Mortgage's annual interest rate (%):
Discount points on purchase of home (%):
Origination fees (%):
Other loan costs ($):
Mortgage Insurance (PMI %):
Homeowner's insurance rate (%):
Monthly association dues ($):
Average monthly maintenance ($):
Annual property tax ($):
State plus Federal income tax rate (%):
Interest rate earnings on savings (%):
Expected Home appreciation Anually (%):
Expected Number of years at property:
Realtor commission rate (%):
Total estimated cost of renting:
Total estimated cost of buying: