Rent vs. Own Calculator

This calculator allows you to compare the advantages and disadvantages of owning vs. renting a home.

All fields are required.
 
 
Current monthly rent: $
Purchase price of home: $
Interest rate (APR):    %
Annual appreciation of home:    %
Annual property tax rate:    %
Annual income tax rate:    %
Monthly condo fees: $
Years to own the house before selling:    years
Expected selling cost:    % (realtor commision)
   
 
Note: These calculations are estimates and are not guaranteed for any particular loan.