Buying vs. Renting Calculator

Input Results

About your home purchase :
Purchase Price ($)
Loan Amount ($)
Loan Term(Years)
Annual Interest Rate (%)
Mortgage Insurance Rate (%)
Annual Property Taxes ($)
Annual Homeowner's Insurance ($)
Estimated Loan Closing Costs($)
How long do you plan to own this home? (Years)
When you sell the home what do you estimate the sales commision percentage would be?(7% for example)
At what rate do you think home prices will increase each year? (3% for example)

About your rent:
What is your monthly rent payment? ($)
At what rate do you think rent will increase each year? (3% for example)

Other information:

What is your estimated federal and state combined tax rate?(%)

Equal Housing Lender