Rent vs. Own

Mortgage Calculators

The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a tax adviser prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.

Rent vs. Own

Monthly Rent ($): Annual Rent Increase (%): Monthly Renter’s Insurance ($): Home Purchase Price($): Down Payment ($): Mortgage Interest Rate (%): Estimated Home Purchase Costs (%): Property Tax Rate(%): Annual Home Maintenance (%): How Long Before Selling? (# of Years): Annual Home Appreciation (%): Selling Costs (%): Interest Earned on Downpayment (%): Your Income Tax Rate (%):

Investment Consideration After 7 Years

Estimated Home Selling Price: Loan Balance: Estimated Cost to Sell: Down Payment & Initial Closing Costs: Investment Gain of Owning vs. Renting: Total Payment Saving of Owning vs. Renting: Combined Gain of Owning vs. Renting:

Rent Vs. Own Results

Average monthly payment savings if owning: Estimated total gain over 7 years if owning: Should you rent or own?

Rent Vs. Own Results

Monthly Rent:
Home Purchase Price:
Down Payment:
Mortgage Interest Rate:
Monthly Mortgage Payment:

Payment Consideration
Calculations the course of years (the time between now and when you estimate you would sell the home). Please allow for slight rounding differences.

	Rent	Buy
Initial Rent Payment:
Renter’s Insurance:
Monthly Mortgage Payment:
Property Tax:

Rent vs. Own

Payment Considerations

Investment Consideration After 7 Years

Rent Vs. Own Results