Husband and Wife Mortgage Team
Interstate Mortgage Service
License:
NMLS ID: 89235
Company ID: 37053
12/2 10:02:00AM EST : Delayed Data : National Average Rates
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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
Husband and Wife Mortgage Team
Interstate Mortgage Service
License:
NMLS ID: 89235
Company ID: 37053