Rent vs. Own Calculator

Calculate the difference between renting a property and buying a home. Find out which is better for you. This calculator consider factors like how long you plan to stay in the new home, the home's prospects for appreciation and taxes.

*Request a free consultation with a mortgage expert.

Monthly Rent ($):

Expected Annual Rent Increases (%):

Monthly Renter's Insurance ($):

Home Purchase Price ($):

Down Payment ($):

Loan Interest Rate (%):

Loan Term (years):

Estimated Costs Associated with a Home Purchase (%):

Property Tax Rate (%):

Annual Home Maintenance Cost (%):

How Long Before Selling (years):

Annual Appreciation on the Home (%):

Selling Costs (%):

Interest Currently Being Earned on Down Payment (%):

Your Income Tax Rate (%):

The mortgage calculator is provided as an estimation tool for your convenience and should not be considered as a loan offer. We do not in any way guarantee the accuracy or suitability of the results.

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