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Rent Vs Buy Calculator
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Rent Vs Buy Calculator
Rent Vs. Buy Comparison
The best decision for you will be to buy. The annual savings will be $0.00.
Costs of Homeownership
Monthly
Annual
Mortgage Payment
$
$0.00
Private Mortgage Insurance
$0.00
$
Property Taxes
$0.00
$
HOA/PUD/Condo Association Fee
$0.00
$
Property Insurance
$0.00
$
Maintenance Expense
$0.00
$
Miscellaneous Expense
$0.00
$
Total Cash Outflow for Home Ownership
$0.00
$
Less Principal Reduction
$0.00
$
Less Tax Credit for Property Taxes
$0.00
$
Less Tax Credit for Interest Payment
$0.00
$
Add Opportunity Cost of Investment (After Tax)
$0.00
$
Effective Cost of Home Ownership
$0.00
$
Less Home Price Appreciation
$0.00
$
Net Cost of Home Ownership
$0.00
$
Cost of Renting
Monthly
Annual
Rent
$0.00
$
Condo/Membership Fees
$0.00
$
Renter's Insurance
$0.00
$
Other Rental Expenses
$0.00
$
Total Cost of Renting
$0.00
$
Comparison
Monthly
Annual
Benefit in Buying
$0.00
$0.00
Source :
www.MortgagesAnalyzed.com
Rent Vs Buy Calculator
Homeownership Information
Purchase Price
($)
Down Payment
(% of Purchase Price)
Closing Costs
(% of Purchase Price)
Interest Rate
(% per annum)
Loan Term
(years)
1
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32
33
34
35
36
37
38
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40
41
42
43
44
45
46
47
48
49
50
Private Mortgage Insurance
(% per annum)
Costs of Homeownership
Property Tax
(% per annum)
HOA/PUD/Condo Association Fee
($)
Property Insurance
(% per annum)
Maintenance Expense
(% per annum)
Miscellaneous Expenses
($)
Costs of Renting (Annual)
Rent
($)
Condo/Membership Fees
($)
Renter's Insurance
($)
Other Rental Expenses
($)
Assumptions
Income Tax Rate
(%)
Return on Investment
(%)
Home Price Appreciation
(%)
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