Rent versus Buy analysis

The following will help you to compare the costs of renting to the costs of buying a home. There are many variables you will need to supply. Comparing the cost of renting to the cost of buying is a lot more complicated than just comparing the monthly mortgage to a monthly rent. This will combine the effects of these variables so you can make a better decision.

Monthly rent ($)
Monthly rental insurance ($)
Expected annual inflation (%)
Purchase price ($)
Down payment ($)
Mortgage term (years)
Interest rate (%)
Discount points (%)
Origination fees (%)
Other loan costs ($)
Mortgage Insurance (MI %)
Homeowner's insurance (%)
Monthly association dues ($)
Avg. monthly maintenance ($)
Annual property tax ($)
Total income tax rate (%)
Savings interest rate (%)
Est. annual appreciation (%)
Years plan to live at property:
Cost to sell (%)

Total cost to rent:

Total cost to buy:

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If the analysis shows that it is more favorable for you to buy, please fill out the information below so that I may begin to help you:

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