Buying vs Renting
Find out how much you can be saving in today’s low interest rate market!
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| Monthly Rent ($)
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Monthly Rental Insurance ($)
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| Expected Annual Inflation Rate (%)
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| Purchase Price of Home ($)
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| Down Payment Amount ($)
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| Mortgage Period (# of years)
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| Mortgage Rate (%)
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| Discount Points on Home Purchase (%)
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| Origination Fees (%)
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| Other Loan Costs ($)
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| Mortgage Insurance Rate (PMI %)
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| Homeowner’s Insurance Rate (%)
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| Monthly Association Dues ($)
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| Average Monthly Maintenance Costs ($)
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| Annual Property Tax ($)
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| State and Federal Income Tax Rate (%)
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| Expected Rate you expect to earn on savings (%)
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| Expected Home Value Appreciation Rate (%)
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| Periods you will stay at this property (Years)
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| Realtor Commission Rate (%)
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Should I rent or buy?
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| Total Estimated Renting Cost |
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| Total Estimated Buying Cost |
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Summary
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