Rent vs. Buy

Your Information
Rent Info
Monthly Rent : ($)
Annual Rent Increase : (%)
Property Information
Home Value : ($)
Annual Maintenance : ($)
Annual Appreciation : (%)
Years Before Sell : (Yrs)
Selling Cost : (%)
Loan Information
Amount : ($)
Interest Rate : (%)
Length : (Yrs)
Points : (%)
Taxes And Insurance Information
Your Tax Rate : (%)
Annual Taxes :
Annual Insurance :
Annual PMI :
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Financial Analysis
  Rent Buy
Taxes and Insurance : $0.00 $53,100.00
Total PMI : $0.00 $0.00
Total Maintenance : $0.00 $4,500.00
Total Payments : $97,493.81 $237,231.67
Average Monthly Payment : $1,624.90 $3,953.86
Monthly Rent Savings : $2,328.96
Tax Savings : $0.00 $13,026.00
Total Rent Savings : $139,737.87
House Appreciation Value : $1,021,025.25
Proceeds Minus Costs : $949,553.48
Loan Balance : $423,592.15
Equity Appreciation : $525,961.33
Home Purchase Benefits : $386,223.46
*Rates quoted here are not guaranteed and are subject to change. Your actual interest rate may vary.