By May 5, 2014 Read More →

Buy or Rent a Home Calculator

Rent vs. Buy Calculator

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The decision to buy a home is one of the most emotional and largest financial decisions you may make.

There are many pros and cons to home ownership and this calculator focuses on the financial side of the decision.

Owning gives you the satisfaction of having your own property. One of the main advantages to being a homeowner is some financial security from capital appreciation if housing prices are rising. It gives you freedom from having to deal with a landlord and the pride of improving your home to the way you like it.

Renting gives you the freedom to move whenever you wish, and the security of knowing that a financial crisis won’t leave you struggling to pay the mortgage.

See Also: Pros and Cons of Buying or Renting

See Also: Mortgage Qualifier Calculator

Calculate the Costs and Benefits

This rent versus buy calculator lets you calculate the financial difference between buying a home or renting one.

Rent versus Buy Calculator

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