2/3 5:29:00PM EST : Delayed Data : National Average Rates
Rent vs. Buy Calculator
Rent vs. Buy Calculator
Mortgage Information
$
$
%
$
%
Optional Information
$
$
$
Buying Assumptions
%
%
%
%
Renting Assumptions
$
%
%
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
--
Home value
--
Balance on Loan
--
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