Rent versus Buy Calculator
This calculator will help you to compare the costs of renting to the costs of buying a home. Since there are all kinds of forces at work behind the scenes including interest, property taxes, tax savings, appreciation, opportunity costs, closing costs and selling costs, comparing the cost of renting to the cost of buying is a more complicated than just comparing the monthly mortgage payment to the monthly rent payment. Insert any figures into the WHITE fields and hit "Click here to calculate" to solve for any of the LIGHT BLUE fields.
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