Rent Vs. Buy Calculator

This calculator can help you to compare the costs of renting to the costs of buying a home. Because there are other factors to consider, (interest, property taxes, tax savings, appreciation, opportunity costs, closing costs, selling costs, etc.) it is complicated to compare the cost of renting to the cost of buying. This calculator attempts to take all of these factors into consideration in order for you to make an informed decision.

« Back to Calculators

Help Buttons: For pop-up explanations of any of the entry fields, click the radio button next to the description.

 

Monthly rent ($):
Monthly rental insurance ($):
Expected annual inflation rate (%):
Purchase price of home ($):
Down payment amount ($):
Length of mortgage term (# of years):
Mortgage's annual interest rate (%):
Discount points on purchase of home (%):
Origination fees (%):
Other loan costs ($):
Mortgage Insurance (PMI %):
Homeowner's insurance rate (%):
Monthly association dues ($):
Average monthly maintenance ($):
Annual property tax ($):
State plus Federal income tax rate (%):
Interest rate you expect to earn on savings (%):
Expected percentage your home will appreciate by each year (%):
Number of years you will stay at this property:
Realtor commission rate (%):
Total estimated cost of renting:
Total estimated cost of buying:
Click on the "Create Detailed Printer-Friendly Report" button to create a report you can print out. Please allow up to 1-2 minutes for the report to process.
 
 
   

The Broker Network, LLC
Ph: 800-520-4MLS  -  Fax: 800-520-4657
618 NW Glisan Suite 101, Portland, OR
61173 Kepler St, Bend, OR 
www.mybrokernet.com
© The Broker Network, LLC 2008 MLS Flat Fee and 1% Listing Service does not include buyer's agent commission. While all information may be deemed reliable on this website, information is subject to change without notice. The Broker Network, LLC is a licensed real estate company in the state of Oregon. Privacy Statement: Any information shared with The Broker Network will be kept private and confidential and will not be shared or sold with any other company or organization except with real estate agents affiliated with The Broker Network, LLC.
Search Real Estate   
Powered by LinkUSystems: LinkURealty - Real Estate Web Design & Websites