Rent vs Own

Rent vs Own

Should you Rent or Own?

Rent vs. Own Results

Monthly Rent: $
Home Purchase Price: $
Down Payment: $
Mortgage Interest Rate: %
Should you rent or own? Own
Average monthly payment savings if owning: $
Estimated total gain over 7 years if owning: $
Payment Considerations Rent Own
Initial Rent Payment $ -
Renter's Insurance $ -
Mortgage Payment - $
Property Taxes - $
Homeowner's Insurance - $
Before Tax Monthly Payment $ $
Annual Home Maintenance - $
Total Payments Over 7 Years $ $
Total Tax Savings Over 7 Years - $
Average After Tax Monthly Payment $ $
Investment Considerations After 7 Years
Estimated Home Selling Price $
Loan Balance $
Estimated Cost to Sell $
Down Payment & Initial Closing Costs With Unearned Interest $
Investment Gain of Owning vs. Renting $
Total Payment Savings of Owning vs. Renting $
Combined Gain of Owning vs. Renting $

The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.