Should you rent or buy?

Compare your current rent payment to the costs of purchasing a new home.
Often the after tax savings payments makes owning a home the best choice.

Enter the Listing Price ($):
Enter the Est. Monthly Assessments ($):
Enter the Est. Monthly Insurance($):
Enter the Interest Rate (%):
Enter the Down Payment Percentage:
Select the Loan Type:

Loan Amount:
Down Payment Amount:
Est. Monthly Property Tax:
BUY
Monthly P&I:
Total Monthly Payment:
Total Monthly Tax Benefit:
Annual Tax Benefit:
Gross Annual Income Required:
RENT
Total Monthly Payment:
Annual Tax Benefit:
Equivalent Rent: (monthly payment minus tax benifit)

Always consult your tax professional.

BUY