Rent vs Buy

Input Information
Rent Info
Monthly Rent : ($)
Annual Rent Increase : (%)
Property Information
Home Value : ($)
Annual Maintanance : ($)
Annual Appreciation : (%)
Years Before Sell : (Yrs)
Selling Cost : (%)
Loan Information
Amount : ($)
Interest Rate : (%)
Length : (Yrs)
Points : (%)
Taxes And Insurance Information
Your Tax Rate : (%)
Annual Taxes :
Annual Insurance :
Annual PMI :
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Financial Analysis
  Rent Buy
Taxes and Insurance : $0.00 $22,500.00
Total PMI : $0.00 $0.00
Total Maintanance : $0.00 $4,500.00
Total Payments : $51,996.70 $105,247.10
Average Monthly Payment : $866.61 $1,754.12
Monthly Rent Savings : $887.51
Tax Savings : $0.00 $4,550.00
Total Rent Savings : $53,250.40
House Appreciation Value : $638,140.78
Proceeds Minus Cost : $593,470.93
Loan Balance : $228,745.59
Equity Appreciation : $364,725.33
Home Purchase Benefits : $311,474.93
DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation. Please consult your own financial advisor.
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