Rent vs. Own Worksheet
Compare estimated costs of buying vs. renting a home
One of the most crucial financial decisions a person can make is to determine if he or she should purchase a home or continue to rent. Using this rent vs. buy calculator, results are determined with a side-by-side comparison of estimated savings on monthly payments and value accrued through ownership over time.
If you have decided to purchase a home and have selected a type of mortgage, you can use the Payment/Amortization Calculator to estimate your monthly payment and number of installments necessary to pay off your loan.