Renting Vs. Owning: How much can you save?
You've heard that it's less expensive to buy than to rent, but how much can you really save? Fill in the boxes below and find out.
To Rent...
Monthly Rent $
Monthly Rental Insurance $
Annual Rent Increase (by percentage) %
To Own...
Purchase Price of Home $
Loan Amount $
Home Appreciation Rate %
Loan Term
Interest Rate %
Annual Property Taxes $
Annual Homeowners Insurance $
Annual Home Maintenance Costs $
Years before Selling
Selling Costs (As percentage of price) %
Combined State and Federal Tax Rate %