This calculator helps you figure out if you should continue to rent, or if you are a candidate for homeownership. Enter your information below for the detailed results.

Current Rent: Purchase Price of Home: Percentage of Down Payment: Length of Loan Term (years): Interest Rate: Years You Plan to Stay in This Home: Yearly Property Tax Rate: Yearly Home Value Increase Rate:

Results: Rent: Buy: Price of Home After Appreciation: Remaining Balance After     Years: Equity Earned: Tax Savings (at 28%): Avg. Monthly Payment Over Time: Total Payment: Total Savings On:

DISCLAIMER: The figures above are based upon conventional program guidelines. Calculations by this tool are believed to be accurate, yet are not guaranteed. Calculator results are estimates only.