RENT VS OWN CALCULATOR

Rent Vs. Own Calculator

Calculate the difference between renting and buying a home.

Monthly Rent

Annual Rent Increase

Monthly Renter's Insurance

Home Purchase Price

Down Payment

Mortgage Interest Rate

Estimated Home Purchase Costs

Property Tax Rate

Annual Home Maintenance

How long before selling?

Years

Annual Home Appreciation

Selling Costs

Interest Earned on Down Payment

Your Income Tax Rate

Default amounts are hypothetical and may not apply to your individual situation. This calculator provides approximations for informational purposes only. Actual results will be provided by your lender and will likely vary depending on your eligibility and current market rates.

Results

Should you Rent or Own?

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Average Monthly Payment Savings

$0.00

Estimated Total Gain

$0.00

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PRIVACY POLICY | NMLS

Horizon Bank

515 Franklin Street, MIchigan City, Indiana 46360

888-873-2640 | hbmtg@horizonbank.com

PRIVACY POLICY | NMLS