RENT VS BUY CALCULATOR

We at broker financial group know that in today's world every dollar counts...

Rent vs Buy Calculator

Step 1 . Enter current rent information

Current Monthly Rent

Est Annual Rent Increase

Step 2 . Enter estimated mortgage information

Purchase price

Down Payment

Mortgage Required

Amortization

Interest Rate

Est Annual Increase In Value

Step 3 . Choose Comparison Time Frame

Time Frame

Step 4 . Results

If you believe in the status quo, then you can continue to rent. The status quo will come at a cost to you of over a period of .
On the other hand, if you were to purchase a home for your monthly mortgage payment will be . Over a period of , your mortgage will cost you a total of and build you a home equity of .

RENT VS BUY TABLE

Year Rental Payments (Cumulative) Mortgage Payments (Cumulative) Equity (Cumulative)
{Year} {Rent} {Mortgage} {Equity}
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