Rent vs. Buy Calculator

...understand exactly what you can afford.

Compare your current rent payment to the costs of purchasing a new home. Often the after tax savings payments makes owning a home the best choice. Click here to perform your own analysis.

Enter the Listing Price:
Enter the Est. Monthly Assessments:
Enter the Est. Monthly Insurance:
Enter the Interest Rate:	%
Enter the Down Payment Percentage:	5% 10% 20%
Select the Loan Type:	Fixed ARM

Loan Amount:
Down Payment Amount:
Est. Monthly Property Tax:
BUY
Monthly P&I:
Total Monthly Payment:
Total Monthly Tax Benefit:
Annual Tax Benefit:
Gross Annual Income Required:
RENT
Total Monthly Payment:
Annual Tax Benefit:
Equivalent Rent: (monthly payment minus tax benifit)