Rent Vs. Buy Calculator

This calculator will help you to compare the costs of renting to the costs of buying a home.

Rent Vs. Buy Calculator
Rental Information
Monthly rent ($):
Monthly rental insurance ($):
Expected annual inflation rate (%):
Purchase Information
Purchase price of home ($):
Down payment amount ($):
Length of mortgage term (# of years):
Mortgage's annual interest rate (%):
Discount points on purchase of home (%):
Origination fees (%):
Other mortgage loan costs ($):
Mortgage Insurance (PMI %):
Homeowner's insurance rate (%):
Realtor commission rate (%):
Average monthly maintenance ($):
Annual property tax ($):
Expected percentage your home will appreciate by each year (%):
Other Information
State plus Federal income tax rate (%):
Interest rate you expect to earn on savings (%):
Number of years you will stay at this property:

Help Buttons: For pop-up explanations of any of the entry fields, click the radio button next to the description.

*Interest rate available through September 30, 2010. APR=5.19%.

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National Mortgage License #51115, #52912, #65837, #45614