Buy vs. Rent Calculator

Buying a Home

Defaults to 7% if left blank.

Calculated if down payment < 20% (est. 1% of loan/yr). Removed once 20% equity is reached.

Defaults to 1% of home price if left blank.

Defaults to 1% of home price if left blank.

Defaults to $150 if left blank.

Defaults to 2% of home price annually if left blank.

Annual appreciation/depreciation. E.g., 3 for 3% increase. Defaults to 3%.

Renting

Defaults to $300 if left blank.

Defaults to 3% annually if left blank.