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Rent vs. Buy Calculator

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Your Comparison Summary

Buy

Purchase Price
 
Home Appreciation Rate
 
State + Federal Tax Rate
 
Years Before You Sell
 
Down Payment
 
Loan Amount
 
Interest Rate on Mortgage
 
Closing Costs
 
 
 
Monthly Mortgage Payment
 
Monthly Taxes
 
Monthly Maintenance
 
 
 
Total Monthly Payment
 
Tax Break
 
Net Payment after Tax Break
 
 
 
Cumulative Monthly Expenses
 
 
 
Value of Home at End
 
Selling Expenses (7%)
 
Net Equity After Sale
 
 
 
Net Equity at End of Period
 

Rent

Monthly Rent
 
Annual rent increase
 
 
 
 
 
Amount in Savings
 
Savings Rate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cumulative Monthly Expenses
 
 
 
Value of Savings at End
 
 
 
 
 
 
 
Net Equity at end of Period