General Help: Rent or Buy?

This calculator compares renting vs. buying costs. Enter your data in the form to see results like monthly payments, long-term savings, and more.

Field explanations:

• Monthly Rent: Enter your monthly rent in dollars (e.g., 1200.50).
• Renter's Insurance: Enter your monthly rent insurance in dollars (e.g., 120.50).
• Loan Term: Select the duration of the loan in years (e.g., 30 Years Fixed).
• Purchase Price: Enter the home price in dollars (e.g., 250000).
• Down Payment in %: Enter the down payment percentage (e.g., 10, 20).
• Interest Rate: Enter the interest rate (e.g., 6.5, 7.24).
• Property Taxes: Enter the monthly property taxes (e.g., 560, 400) – optional.
• Home Insurance: Enter the monthly home insurance (e.g., 123) – optional.
• Closing Cost: Enter the estimated closing cost (e.g., 2000) – optional.

If you need more help, contact us.