RENT VS. OWN

RENT VS. OWN CALCULATOR


When it comes to deciding what will be better financially, you can’t just go with your gut. This calculator will take you through a cost comparison between owning and renting a property. Run the numbers, and guide your client accordingly.


/Year
/Month
Years = Months
%
%
/Month





    
 
Rent = Mortgage Payments
Rent = Total Payments
Rent Spent
Maximum Purchase Price:Monthly Rent:
Improvements:Rent spent over the entire mortgage:
Mortgage Insurance:
Down Payment: 
Mortgage Balance: 
Mortgage Payment: 
Income Required: 
Total Monthly Payment
(mortgage payment+tax+condo fee)


 

  
Rent = Mortgage
Payments
  
Maximum Purchase Price:
Improvements:
Mortgage Insurance:
Down Payment:
Mortgage Balance:
Mortgage Payment:
Income Required:
Total Monthly Payment
(mortgage payment+tax+condo fee)

Rent = Total
Payments
  
Maximum Purchase Price:
Improvements:
Mortgage Insurance:
Down Payment:
Mortgage Balance:
Mortgage Payment:
Income Required:
Total Monthly Payment
(mortgage payment+tax+condo fee)

Rent Spent
  
Maximum Purchase Price:Monthly Rent:
Improvements:Rent spent over the entire mortgage:

Terms & Conditions apply | Based on approved credit | Based on estimates | E.&O.E.

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