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Should I rent or buy?

Monthly Rent ($)  
Monthly Rental Insurance ($)  
Expected Annual Inflation Rate (%)  
Purchase Price of Home ($)  
Down Payment Amount ($)  
Mortgage Period (# of years)  
Mortgage Rate (%)  
Discount Points on Home Purchase (%)  
Origination Fees (%)  
Other Loan Costs ($)  
Mortgage Insurance Rate (PMI %)  
Homeowner's Insurance Rate (%)  
Monthly Association Dues ($)  
Average Monthly Maintenance Costs ($)  
Annual Property Tax ($)  
State and Federal Income Tax Rate (%)  
Expected Rate you expect to earn on savings (%)  
Expected Home Value Appreciation Rate (%)  
Periods you will stay at this property (Years)  
Realtor Commission Rate (%)  
 

   

 

Is it better to rent or buy?

Total Estimated Renting Cost
Total Estimated Buying Cost

Summary

 

 

 

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy or applicability of the information obtained while using these calculators regarding your financial situation. Please consult your own financial advisor.
 
 

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