Michelle Brunn
Mortgage Advisor
Peerless Lending
License:
Home » Mortgage Calculators » Rent vs. Buy Calculator
Rent vs. Buy Calculator
Rent vs. Buy Calculator
Mortgage Information
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Optional Information
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Buying Assumptions
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Renting Assumptions
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Show results after year #:
Results Summary
Buying does not become better than renting during the first years.
Buying becomes profitable in year .
Buying
Renting
Cash Spent
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Home value
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Balance on Loan
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Closing costs on sale
RENTING vs BUYING NET COSTS
Loan details Buying (spent) House value Renting Rent vs. Buy
Year Interest Loan Balance Payments PMI/FHA fees Taxes Insurance Expenses Tax Savings Spent Total Spent House Value Home Value (net) Total Rent Total Rent Expenses Buy Net Rent Net Rent vs Buy
Michelle Brunn
Mortgage Advisor
Peerless Lending
License: