Rent vs Own Calculator
|Renting vs. Owning Calculator|
|Purchase Price of Home:|
|Percentage of Down Payment:|
|Length of Loan Term (years):|
What's the current interest rate?
|Years You Plan to Stay in This Home:|
|Yearly Property Tax Rate:
What is this?
|Yearly Home Value Increase Rate*:|
|Annual Rental Rate Increase:|
|Value of Home after 20 Years of Appreciation:||N/A|
|Remaining Balance After 20 Years:||N/A|
|Tax Savings (at 28%):||$0|
|Minus Home Equity:||$0|
|Total Cost After 20 Years:|
|Total Savings for Owning 20 Years:|
*Estimate for calculation purposes only. **Interest and principal only; does not include property insurance or mortgage insurance, which may be required by your lender.