Rent vs. Buy Calculator
The Rent vs. Buying Calculator can help you decide how valuable it might be to buy a home instead of renting for another few years. Using your current monthly rent payment, mortgage loan terms, cash you have available for a down payment, and other variables, you can calculate the value gained from buying instead of renting. The final value demonstrates the effective gain of owning vs. renting.
DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it’s applicability to your financial situation. Please consult your own financial advisor.