Rent Vs. Buy Calculator

Not sure whether or not you should buy? Use the Rent vs. Buy calculator to compare the cost of renting versus the cost of buying your own home or condominium. Enter your monthly rent, and any other fees or expenses associated with it. Then enter the purchase price of the home you are looking at, as well as the loan amount needed to buy the home. The calculator will compare your spending to see if it is a better financial strategy to rent or buy.

Am I better off renting?
Monthly Rent:	$	Interest Rate:	%
Annual Rent Increase:	%	Loan Points:	%
Monthly Renter's Insurance:	$	Other Loan Costs:	$
Purchase Price:	$	Yearly Property Taxes:	$
Appraised Value:	$	Yearly House Maintenance:	$
House's Appreciation Rate:	%	Yearly Homeowner's Insurance:	$
Savings Rate:	%	Selling Costs (% of Selling Price):
Your State + Federal Tax Rate:	%
Years Before Sell / Pay Off Loan:
Loan Amount:	$
Term In Years: