Founder/CEO
Boss Mortgage, LLC
License:
NMLS #1455628 OR, WA, ID, CO, MT, CA
Company NMLS 2547821
A message from Randy Vance:

©2025. Equal Housing Lender. Contact your Boss Mortgage, LLC loan originator for information on specific loan terms and conditions. Boss Mortgage, LLC is not affiliated with any government agencies. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates, and programs are subject to change. All rights reserved. This is not a commitment to lend or extend credit. All products are subject to credit and property approval. Rates, terms, programs, and underwriting policies and guidelines are subject to change without notice. Boss Mortgage, LLC is licensed under the Oregon Consumer Finance Act. Licensed by the California Dept of Financial Protection and Innovation under the California Financing Law. Idaho MBL: 2082547821 Washington under license number CL-254782. Boss Mortgage, LLC NMLS-2547821. 304 NE 3rd St. #110 Bend, OR 97701 www.bossmortgage.com 541-799-2677 Licensed in OR, ID, WA, MT, CO, CA. www.nmlsconsumeraccess.org  


Home » Mortgage Calculators » Rent vs. Buy Calculator
Rent vs. Buy Calculator
Rent vs. Buy Calculator
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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
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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
A message from Randy Vance:

©2025. Equal Housing Lender. Contact your Boss Mortgage, LLC loan originator for information on specific loan terms and conditions. Boss Mortgage, LLC is not affiliated with any government agencies. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates, and programs are subject to change. All rights reserved. This is not a commitment to lend or extend credit. All products are subject to credit and property approval. Rates, terms, programs, and underwriting policies and guidelines are subject to change without notice. Boss Mortgage, LLC is licensed under the Oregon Consumer Finance Act. Licensed by the California Dept of Financial Protection and Innovation under the California Financing Law. Idaho MBL: 2082547821 Washington under license number CL-254782. Boss Mortgage, LLC NMLS-2547821. 304 NE 3rd St. #110 Bend, OR 97701 www.bossmortgage.com 541-799-2677 Licensed in OR, ID, WA, MT, CO, CA. www.nmlsconsumeraccess.org  


Founder/CEO
Boss Mortgage, LLC
License:
NMLS #1455628 OR, WA, ID, CO, MT, CA
Company NMLS 2547821