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Rent Vs. Buy

With interest rates near forty year lows, the decision to rent versus buy becomes difficult. Use this calculator to help determine which makes sense for you at this time.

Rent Assumptions

Monthly rent payment

Additional monthly fees

Monthly renter's insurance premium

Annual rate increases: (0-10)%

Purchase Assumptions

Purchase price of home

Annual appreciation rate: (0-10)%

Amount of loan

Annual interest rate: (0-30)%

Number of years: (1-30)

Annual homeowner's insurance premium

Annual property taxes

Annual maintenance cost

Other Assumptions

Number of years for the comparison: (1-30)

Marginal tax bracket: (1-50)%

Before tax return on savings: (1-12)%

Assumed annual inflation rate: (1-10)%

provided by CalcXML

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