Mortgage Calculator

• Should I rent or buy?

• Mortgage Calculator • Should I rent or buy? •

Rent vs. Buy Calculator (Disclaimer Always Visible)

Rent vs. Buy Calculator

Enter your information to compare renting vs. buying, factoring in
the Time Value of Money and auto-updated fields (closing costs, annual maintenance, etc.).

Rent Information

Monthly Rent ($): Annual Rent Increase (%): Other Annual Costs (Year 1, 20% of Monthly Rent x 12): Expected Annual Investment Return (%): Number of Years to Compare:

Buy Information

Home Purchase Price ($): Down Payment (%): Closing Costs (4% of Loan Amount) ($): Mortgage Interest Rate (%): Mortgage Term (Years): Annual Property Tax (% of Home Value): Annual Home Insurance ($): Annual Maintenance (1% of Home Value) ($): Expected Annual Home Appreciation (%):

Disclaimer: This is only an illustrative model. Real-world factors (e.g. inflation, unexpected repairs, variable investment returns) may change the outcome. Always consult professionals for personal financial advice.

Paul Phan | Realtor | DRE #02226917
Call me today for your real estate goals: (714) 717-8088

Year-by-Year Comparison

Year	Monthly Rent	Annual Rent Cost	Other Annual Costs	Total Rent Cost (Year)	Investment Value (End of Year)
Total Rent Paid Over Period:
Final Investment Value (Initial Fund Grows):
Net Rent Cost = (Rent Paid) - (Investment Gain):

Year	Mortgage Paid (Year)	Property Tax (Year)	Insurance (Year)	Maintenance (Year)	Total Buy Cost (Year)	Remaining Loan	Home Value	Estimated Equity
(Down Payment + Closing) + Sum of Yearly Costs:
Final Equity:
Net Buy Cost = (All Costs) - (Equity):