Rent vs. Buy Calculator

From Rent vs. Buy to Balance over Time, use these dynamic Mortgage Calculators to help you determine the best course of action when considering a home loan.

 
 

Mortgage and Rent Information

 
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Own Home Results

Value After Appreciation:

 

Total Mortgage Payment:

 

Tax Savings:

 

Net Cost:

 
 
Rent Results

Net Cost:

 
 
 
 

Rent vs. Buy

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Year Loan Payments Loan Payments After Tax Savings Rent Payment Value of Home Remaining Balance Home Equity
1 2 3 4 5 6 7
2 2 3 4 5 6 7
3 2 3 4 5 6 7
4 2 3 4 5 6 7
5 2 3 4 5 6 7
6 2 3 4 5 6 7
7 2 3 4 5 6 7
8 2 3 4 5 6 7
9 2 3 4 5 6 7
10 2 3 4 5 6 7
11 2 3 4 5 6 7
12 2 3 4 5 6 7
13 2 3 4 5 6 7
14 2 3 4 5 6 7
15 2 3 4 5 6 7
16 2 3 4 5 6 7
17 2 3 4 5 6 7
18 2 3 4 5 6 7
19 2 3 4 5 6 7
20 2 3 4 5 6 7
21 2 3 4 5 6 7
22 2 3 4 5 6 7
23 2 3 4 5 6 7
24 2 3 4 5 6 7
25 2 3 4 5 6 7
26 2 3 4 5 6 7
27 2 3 4 5 6 7
28 2 3 4 5 6 7
29 2 3 4 5 6 7
30 2 3 4 5 6 7


Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed. Supreme Lending is not responsible for any errors, omissions, or misrepresentations.

This calculator does not have the ability to pre-qualify you for any loan program. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. Additional fees such as HOA dues are not included in calculations. All information such as interest rates, taxes, insurance, PMI payments, etc. are estimates and should be used for comparison only. Supreme Lending does not guarantee any of the information obtained by this calculator.

 
 

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