Renting vs. Buying Calculator

Renting vs. Buying
This calculator will compare the costs of renting vs. the cost of purchasing. *Click on the question for an additional explanation.
Monthly Rent ($):
Monthly Renters' Insurance ($):
Expected Annual Inflation Rate (%):
Purchase Price Of Home ($):
Down Payment Amount On Home ($):
Mortgage Term (Years):
Mortgage Interest Rate (%):
Discount Points Paid For Rate:
Origination Points:
Additional Loan Costs ($):
Mortgage Insurance *MIP or PMI (%):
Homeowners' Insurance Rate (%):
Monthly Association Fee ($):
Average Monthly Maintenance Costs (%):
Annual Property Taxes ($):
State + Federal Income Tax Rate (%):
Current Bank Savings Rate (%):
Expected Yearly Appreciation Rate Of Home (%):
How Long Will You Keep This Home (Years):
Expected Realtor Commission Rate (%):

Total Estimated Cost Of Renting ($):
Total Estimated Cost Of Buying ($):