Rent vs. Buy Calculator
Should you rent or should you buy your home? It takes more than looking at your mortgage payment to answer this question. This calculator helps you weed through the fees, taxes, and monthly payments to help you make a decision between these two options. This report is based on the original purchase price, fees and taxes payable at that time. Insurance and tax costs can fluctuate from year to year. Click the "View Report" button for a detailed look at the results.
Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.
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This calculator is intended for informational purposes only and is not intended to provide today’s actual rates or terms.
Your actual results may vary.