Rent Vs. Buy Calculator
Should I rent or buy? This calculator does the complicated math for you by comparing the costs of renting vs. buying a house.
You will need to input several numbers so the calculator can accurately compare all the factors affecting renting versus buying (interest, property taxes, tax savings, appreciation, opportunity costs, closing costs, selling costs, etc.).
When you finish make sure to print the handy "rent or buy" comparison table so you have an easy reference sheet.
Finally, if you need help completing any field just click on that data entry box and instructions will appear in the area to the right so you know how to answer the questions. And if you like this calculator please make sure to "like" or +1 to help us out!
Thanks, and good luck with your new home...
Should I Buy Or Rent A House?
Making a decision whether to buy a house or rent can be very daunting and requires a lot of careful study and consideration. Buying a house could perhaps the biggest decision you will ever make in your life. It is not an easy task. One wrong step and you might be burdened with a huge debt. Your financial status plays a vital role in whether you can afford to buy a house or just continue on renting. Try to weigh the advantages and disadvantages of renting from buying a house and consider as well the economic situation before making a decision. Use our rent vs. buy calculator to compare your options. Find out whether you will save money by buying instead of renting, over a time period you specify.
Advantages And Disadvantages Of Renting
Depending on your situation, financial status, and tolerance level, renting a house might be the best option for you. Weigh your choices before you decide on renting a home. It should be a pleasant and enjoyable experience for you and your family.
Advantages Of Renting
Disadvantages Of Renting
Advantages And Disadvantages Of Buying A House
Homeownership is not for everyone, but there are some financial and emotional advantages that will probably suit your needs. You need to educate yourself before making a decision of buying a house. The rent vs. buy calculator can help you decide whether buying a house is a better choice than renting.
Advantages Of Buying A House
Disadvantages of Buying A House
Rent Vs. Buy Terms And Definitions
Related Mortgage Calculators: