Monthly rent:
Monthly rental insurance:
Expected annual inflation rate:
Purchase price of home:
Down payment amount:
Length of mortgage term(years):
Mortgage's annual interest rate:
Discount points on purchase of home:
Origination fees:
Other loan costs:
Mortgage Insurance (PMI):
Homeowner's insurance rate:
Monthly association dues:
Average monthly maintenance:
Annual property tax:
State plus Federal income tax rate:
Interest rate you expect to earn on savings:
Expected percentage your home will appreciate by each year:
Number of years you will stay at this property:
Realtor commission rate:
Total estimated cost of renting:
Total estimated cost of buying:
The accuracy of this calculator and its applicability to your circumstances is not guaranteed. You should obtain personal advice from qualified professionals.