Home Mortgage Rent vs. Buy Calculator
Should you rent or should you buy your home? It takes more than looking at your mortgage payment to answer this question. This calculator helps you weed through the fees, taxes and monthly payments to help you make a decision between these two options. This report is based on the original purchase price, fees and taxes payable at that time. Insurance and tax costs can fluctuate from year to year. Click the "View Report" button for a detailed look at the results.
NOTE: Calculators are for illustrative purposes only. The default figures shown (as well as any entered by you) are hypothetical and may not be applicable to your individual situation. The various components affecting the results can vary widely from transaction to transaction. Please consult a financial professional prior to relying on results. Accuracy of calculator results is not guaranteed.