Buy vs Rent

TO RENT...

Monthly Payment ($)

Monthly Rental Insurance ($)

Annual Rent Increase (%)

TO OWN...

Purchase Price of Home ($)

Annual Property Taxes ($)

Annual Homeowners Insurance ($)

Loan Amount ($)

Interest Rate (%)

Loan Term

Appreciation Rate (%)

Years Before Selling

If Renting

If Buying

Monthly Payment

$

$

Insurance/Taxes

$

$

Total Monthly Payment

$

$

Total Rent / Mortgage Payments Over - Years

$

$

Long Term Benefits of Home Ownership

Savings Through Purchasing a Home

$

Home Value at Expected Selling Date

$