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Rent vs. Buy

Input Information

Rent Info
Monthly Rent :	($)
Annual Rent Increase :	(%)
Property Information
Home Value :	($)
Annual Maintenance :	($)
Annual Appreciation :	(%)
Years Before Sell :	(Yrs)
Selling Cost :	(%)
Loan Information
Amount :	($)
Interest Rate :	(%)
Length :	(Yrs)
Points :	(%)
Taxes And Insurance Information
Your Tax Rate :	(%)
Annual Taxes :	($) (%)
Annual Insurance :	($) (%)
Annual PMI :	($) (%)
Show Schedule Table

Financial Analysis (Switch to Plain English)

	Rent	Buy
Taxes and Insurance :	$0.00	$22,500.00
Total PMI :	$0.00	$2,500.00
Total Maintenance :	$0.00	$4,500.00
Total Payments :	$51,996.70	$96,856.70
Average Monthly Payment :	$866.61	$1,614.28
Monthly Rent Savings :	$747.67
Tax Savings :	$0.00	$4,550.00
Total Rent Savings :	$40,310.01
House Appreciation Value :	$382,884.47
Proceeds Minus Costs :	$356,082.56
Loan Balance :	$224,242.68
Equity Appreciation :	$131,839.87
Home Purchase Benefits :	$91,529.87

Plain English Help (Switch to Financial Analysis)

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation. Please consult your own financial advisor.