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Rent vs. Own Calculator

To estimate the benefits of owning a home as opposed to renting, fill in the form below and click the Calculate button.

Rent Information:
Monthly Rent $
Expected Annual Rent Increase     %
Purchase Information:  
Purchase Price $
Down Payment %     %
Interest Rate     %
Term (years)      years
Closing Costs (as % of loan amount)     %
Home Ownership Information:
Annual Appreciation on Home (%)     %
How Long Before Selling?      years
Other Financial Information:
Annual Interest Rate Currently Earned on Down Payment     %
Income Tax Rate     %