Rent vs. Buy

Input Information
Rent Info
Monthly Rent : ($)
Annual Rent Increase : (%)
Property Information
Home Value : ($)
Annual Maintenance : ($)
Annual Appreciation : (%)
Years Before Sell : (Yrs)
Selling Cost : (%)
Loan Information
Amount : ($)
Interest Rate : (%)
Length : (Yrs)
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Financial Analysis (Switch to Plain English)
  Rent Buy
Total Maintenance : $0.00 $4,500.00
Total Payments : $51,996.70 $85,023.24
Average Monthly Payment : $866.61 $1,417.05
Monthly Rent Savings : $550.44
Total Rent Savings : $33,026.55
House Appreciation Value : $382,884.47
Proceeds Minus Costs : $356,082.56
Loan Balance : $229,571.83
Equity Appreciation : $126,510.73
Home Purchase Benefits : $93,484.18
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation. Please consult your own financial advisor.