Should You Rent Or Buy Your Home?

Let us help you determine if it's better for you to rent or buy your new home. Simply fill in the fields below and click the "Calculate Now!" button. Your results will appear to the left.

Your Current Situation
Current Monthly Rent Payment:	$
Savings Currently Available to Buy:	$
Type of Loan You Are Interested In
Length of Loan:
Interest Rate:	%
Number of Closing Points: (e.g., 2)
Other Closing Costs:	$
Annual Property Taxes:	$
Annual Homeowner's Insurance:	$

Using your rent payment to pay mortgage, taxes, and insurance, you could get a loan for:
$
Including savings, points, and closing fees, this would allow you to purchase a home that costs:
$
Savings available for a down payment after closing costs and fees:
$
This would give you a down payment % of:
%

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