Rent vs. Buy

Input Information
Rent Info
Monthly Rent : ($)
Annual Rent Increase : (%)
Property Information
Home Value : ($)
Annual Maintenance : ($)
Annual Appreciation : (%)
Years Before Sell : (Yrs)
Selling Cost : (%)
Loan Information
Amount : ($)
Interest Rate : (%)
Length : (Yrs)
Points : (%)
Taxes And Insurance Information
Your Tax Rate : (%)
Annual Taxes :
Annual Insurance :
Annual PMI :
 View Amortization Table in PDF

Financial Analysis
  Rent Buy
Taxes and Insurance : $0.00 $22,500.00
Total PMI : $0.00 $3,229.17
Total Maintenance : $0.00 $4,500.00
Total Payments : $51,996.70 $110,752.41
Average Monthly Payment : $866.61 $1,845.87
Monthly Rent Savings : $979.26
Tax Savings : $0.00 $4,550.00
Total Rent Savings : $54,205.71
House Appreciation Value : $382,884.47
Proceeds Minus Costs : $356,082.56
Loan Balance : $229,571.83
Equity Appreciation : $126,510.73
Home Purchase Benefits : $72,305.01

LendersMark provides no guarantees, and NO WARRANTY, expressed or implied, for the accuracy of any information or calculators provided, or their applicability to your financial situation. We suggest that you consult your own financial advisor.