Calculators

Rent vs. Own Calculator

This simple calculator allows you to compare the advantages and disadvantages of owning vs. renting a home. Simply enter in a few figures below and check out the results:

Data
Current Rent: 
Purchase Price of Home: 
Down Payment: (ex. "3%") 
Interest Rate: (ex. "7%") 
Length of Loan: 
Years you plan to stay in home? 
Annual Property Tax Rate: (ex. "1%") 
Annual Home Appreciation: (ex. "4%") 

Results
  Rent Own
Total of Interest Payments: 
Total Property Taxes Paid: 
Total Tax Savings: 
Total of Monthly Payments: 
Average Monthly Payment: 
Appreciation of Home: 
Savings: (down @ 10%) 
Total Cost