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Rent vs. Buy

Enter your estimated Home Purchase, Financial, and Rental information in the form provided below. This calculator will analyze your rental costs and compare them to the cost of purchasing a home based on the criteria you have entered.

Loan Information
Property Value:
Loan Amount:
Loan Term (years):
Loan Interest Rate:
Other Monthly Costs:
( assoc. dues, etc.)
 

Financial Information

Your Income Tax Bracket: %
Your Tax Filing Status:
 

Rental Information
Current Monthly Rent:
Other Expenses:
 

Other Information
Years to Calculate:

Results
Rent-Monthly-Payment:
Rent Monthly Payment:
(Tax Adjusted)
(1) Buy Monthly Payment:
(1) Buy Monthly Payment:
(Tax Adjusted) :
Monthly Savings:
Monthly Savings
(Tax Adjusted) :
Total payment savings:
(annually)
Tax Savings:
(annually)
Total Annual Savings:
Mortgage Principal paid:
 

Total Savings

(2)-Total-Savings:

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River City Mortgage & Financial provides no claims as to the accuracy or applicability of this calculator.

 

Please consult your mortgage or financial advisor regarding any financial decisions.
 
 
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All Rights Reserved.
Equal Housing Lender.

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