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Loan Center

Buy vs Rent

Input
Rent Info
Monthly Rent ($)
Annual Rent Increase (%)
Property Info
Home Value ($)
Annual Maintainance ($)
Annual Appreciation (%)
Years Before Sell (Yrs)
Selling Cost (%)
Loan Info
Amount ($)
Interest (%)
Loan Length (Yrs)
Points (%)
Annual PMI
Taxes and Insurance
Your Tax Rate (%)
Annual Property Taxes
Annual Insurance
Financial Analysis
  Rent Buy
Downpayment $0.00 $50,000.00
Taxes and Insurance $0.00 $22,500.00
Total PMI $0.00 $0.00
Total Maintainance $0.00 $6,000.00
Total Payments $59,676.82 $155,864.39
Average Period Payments $994.61 $2,597.74
Rent Savings $96,187.57 $0.00
Tax Savings $0.00 $16,071.87
Total Rent Savings $80,115.70
House Appreciation $289,818.52
Proceeds Minus Cost $272,429.41
Remaining Balance $186,950.49
Equity Appreciation $85,478.92
Home Purchase Benefit $5,363.22
Figures provided are based on user entry and are for informational purposes only. CLM Mortgage does not provide any warranty, express or otherwise, as to the accuracy of these calculations. This is not an offer to extend credit or a commitment to lend. All loans are subject to credit approval. All data is subject to change without notice.