Calculators

 

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