Gregory Richardson
EVP - Capital Markets
Primis Mortgage Company
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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
Gregory Richardson
EVP - Capital Markets
Primis Mortgage Company