Scottsdale Real Estate and Phoenix Real Estate | Scottsdale Realtor Colleen Lynch
Scottsdale and Phoenix Arizona Realtor Colleen LynchScottsdale and Phoenix Arizona Realtor Colleen LynchScottsdale and Phoenix Arizona Realtor Colleen Lynch

Rent vs Buy

Input Information
Rent Info
Monthly Rent : ($)
Annual Rent Increase : (%)
Property Information
Home Value : ($)
Annual Maintanance : ($)
Annual Appreciation : (%)
Years Before Sell : (Yrs)
Selling Cost : (%)
Loan Information
Amount : ($)
Interest Rate : (%)
Length : (Yrs)
Points : (%)
Taxes And Insurance Information
Your Tax Rate : (%)
Annual Taxes :
Annual Insurance :
Annual PMI :
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Financial Analysis
  Rent Buy
Taxes and Insurance : $0.00 $22,500.00
Total PMI : $0.00 $3,125.00
Total Maintanance : $0.00 $4,500.00
Total Payments : $51,996.70 $108,372.10
Average Monthly Payment : $866.61 $1,806.20
Monthly Rent Savings : $939.59
Tax Savings : $0.00 $4,550.00
Total Rent Savings : $56,375.40
House Appreciation Value : $382,884.47
Proceeds Minus Cost : $356,082.56
Loan Balance : $228,745.59
Equity Appreciation : $127,336.96
Home Purchase Benefits : $70,961.56