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Rent vs Buy
Rent Info
Monthly Rent :
($)
Annual Rent Increase :
(%)
Property Information
Home Value :
($)
Annual Maintanance :
($)
Annual Appreciation :
(%)
Years Before Sell :
(Yrs)
Selling Cost :
(%)
Loan Information
Amount :
($)
Interest Rate :
(%)
Length :
(Yrs)
Points :
(%)
Taxes And Insurance Information
Your Tax Rate :
(%)
Annual Taxes :
($)
(%)
Annual Insurance :
($)
(%)
Annual PMI :
($)
(%)
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Rent
Buy
Taxes and Insurance :
$0.00
$22,500.00
Total PMI :
$0.00
$3,750.00
Total Maintanance :
$0.00
$4,500.00
Total Payments :
$51,996.70
$120,682.58
Average Monthly Payment :
$866.61
$2,011.38
Monthly Rent Savings :
$1,144.76
Tax Savings :
$0.00
$4,550.00
Total Rent Savings :
$68,685.88
House Appreciation Value :
$382,884.47
Proceeds Minus Cost :
$356,082.56
Loan Balance :
$232,635.89
Equity Appreciation :
$123,446.66
Home Purchase Benefits :
$54,760.78
