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Rent vs. Own Calculator

To estimate the benefits of owning a home as opposed to renting, fill in the form below and click the Calculate button.

PLEASE NOTE:  " THE FINANCIAL CALCULATORS calculated values are purely estimates and are not representative of actual payment amounts.  The accuracy of the results is not guaranteed.  Differences between these results and results provided by your financial institutions are probably due to rounding or slight differences in the mathematical formulas and/or assumptions used." 

Rent Information:
Monthly Rent $
Expected Annual Rent Increase     %
Purchase Information:  
Purchase Price $
Down Payment %     %
Interest Rate     %
Term (years)      years
Closing Costs (as % of loan amount)     %
Home Ownership Information:
Annual Appreciation on Home (%)     %
How Long Before Selling?      years
Other Financial Information:
Annual Interest Rate Currently Earned on Down Payment     %
Income Tax Rate     %