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Buy vs Rent Calculator

   
   
 
         
   

Should I Buy or Rent?

Input
Rent Info
Monthly Rent ($)
Annual Rent Increase (%)
Property Info
Home Value ($)
Annual Maintainance ($)
Annual Appreciation (%)
Years Before Sell (Yrs)
Selling Cost (%)
Loan Info
Amount ($)
Interest (%)
Loan Length (Yrs)
Points (%)
Annual PMI
Taxes and Insurance
Your Tax Rate (%)
Annual Property Taxes
Annual Insurance
Financial Analysis
  Rent Buy
Downpayment $0.00 $50,000.00
Taxes and Insurance $0.00 $22,500.00
Total PMI $0.00 $0.00
Total Maintainance $0.00 $6,000.00
Total Payments $59,676.82 $155,864.39
Average Period Payments $994.61 $2,597.74
Rent Savings $96,187.57 $0.00
Tax Savings $0.00 $16,071.87
Total Rent Savings $80,115.70
House Appreciation $289,818.52
Proceeds Minus Cost $272,429.41
Remaining Balance $186,950.49
Equity Appreciation $85,478.92
Home Purchase Benefit $5,363.22

 

Here you can utilize the Buy vs Rent Calculator to gain a better understanding of your mortgage options and borrowing potential. PersonalHomeLoanMortgages.com provides mortgage resources and information to help you make an informed decision. Our various mortgage calculators help borrowers understand monthly payments and our Mortgage Rate service lets you compare rates between multiple products nationwide. Try the Buy vs Rent Calculator now!

Looking for a different mortgage calculator? Browse the index of refinance, affordability and home equity loan calculators to find the one you need!

 
 
 
 

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