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Rent vs Buy Calculator
Use this Calculator to determine whether it is to your financial advantage to rent or purchase your home and find out the tax benefits of home ownership. If you are not currently renting and want to know what your monthly payment will be, you may leave the current rent field blank and ignore the rent related calculation results.
Calculator
Current rent
$
Cost of property
$
Down payment amount
$
Loan Interest Rate
%
Loan Term
yrs
Property tax rate (default rate for California, if your state is different, enter that amount)
%
Income tax bracket (enter your income tax bracket)
18
23
28
33
40
%
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