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Home Mortgage Refinance

Buy Vs Rent Calculator


Use the Buy Vs Rent Calculator to help you calculate your mortgage options, monthly payments, total benefits and borrowing potential. eHomeMortgageRefinance.com is committed to providing users with the most up to date, relevant and trusted mortgage tools and resources to help you make the best financial decision possible.

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Buy vs Rent Calculator

Input
Rent Info
Monthly Rent ($)
Annual Rent Increase (%)
Property Info
Home Value ($)
Annual Maintainance ($)
Annual Appreciation (%)
Years Before Sell (Yrs)
Selling Cost (%)
Loan Info
Amount ($)
Interest (%)
Loan Length (Yrs)
Points (%)
Annual PMI
Taxes and Insurance
Your Tax Rate (%)
Annual Property Taxes
Annual Insurance
Financial Analysis
  Rent Buy
Downpayment $0.00 $50,000.00
Taxes and Insurance $0.00 $22,500.00
Total PMI $0.00 $0.00
Total Maintainance $0.00 $6,000.00
Total Payments $59,676.82 $155,864.39
Average Period Payments $994.61 $2,597.74
Rent Savings $96,187.57 $0.00
Tax Savings $0.00 $16,071.87
Total Rent Savings $80,115.70
House Appreciation $289,818.52
Proceeds Minus Cost $272,429.41
Remaining Balance $186,950.49
Equity Appreciation $85,478.92
Home Purchase Benefit $5,363.22

Loan Type Today
1-Year ARM 5.46%
5/1 ARM 5.75%
15-Year Fixed 6.14%
30-Year Fixed 6.29%
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