Rent vs Own

Calculators

Rent vs Own Calculator

Calculate the difference between renting and buying a home.

Monthly Rent
$
Annual Rent Increase
%
Monthly Renter's Insurance
$
Home Purchase Price
$
Down Payment
$
%
Mortgage Interest Rate
%
Buying Closing Costs
%
Property Tax Rate
%
Annual Home Maintenance
%
How long before selling?
Yrs
Annual Home Appreciation
%
Selling Costs
%
Savings Rate of Return
%
Your Income Tax Rate
%

Default amounts are hypothetical and may not apply to your individual situation. This calculator provides approximations for informational purposes only. Actual results will be provided by your lender and will likely vary depending on your eligibility and current market rates.

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Results

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Should you Rent or Own?
- -
Average Monthly Payment Savings
$0.00
Estimated Total Gain
$0.00