Inputs
- Home Price
- Down Payment
- Mortgage Rate (Annual)
- Mortgage Term (Years)
- Annual Property Tax (% of Price)
- Annual Maintenance (% of Price)
- Comparable Monthly Rent
- Annual Rent Increase
- Annual Home Appreciation
- Years to Compare
- Selling Cost (% of Sale Price)
Saved Scenarios
— select 2+ to compare| Metric | |
|---|---|
Results
Net Cost Difference (Buy − Rent)
-$74,745
Net Cost of Buying
$127,544
Total Cost of Renting
$202,289
Net Equity After Selling
$183,956
Total Monthly Cost of Owning
$2,755.95
Penny says