Rent Vs. Buy Calculator
 

Use the calculator below to compare the advantages
and disadvantages of owning vs. renting a home.


 


Current Rent:
Purchase Price of Home:
Percentage of Down Payment:
Length of Loan Term (years):
Interest Rate:
Years You Plan to Stay in This Home:
Yearly Property Tax Rate:
Yearly Home Value Increase Rate:
               
 
Result Returned: Rent Buy
Price of Home After Appreciation:  
Remaining Balance After Years:  
Equity Earned:  
Tax Savings (at 28%):  
Avg. Monthly Payment Over Time:
Total Payment:
Total Savings On:
Note: The calculator above uses these items in its calculations: private mortgage insurance, homeowner's insurance cost, loan closing cost, cost of selling a home, property tax, homeowner's tax saving, and rent increases. Calculator results are estimates only.
 


Get started in the search for your home today!

Realty Icons recommends you get pre-qualified for a mortgage loan
 so you know how much of a home to search for.

See our Rent vs. Buy Chart for more information.

Questions? Call us at 713 956-6252
or Email us info@realtyicons.com
 

 

  


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