Owning vs. Renting a Home
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Use the calculator below to compare the advantages and considerations of owning vs. renting a home.
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 will appear below upon clicking the 'Calculate' button.
Result Returned: 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:

Note: The calculator above uses these items in its calculations: private mortgage insurance, homeowner's insurance cost, loan closing cost, cost of selling a home, property tax, homeowner's tax saving, and rent increases. Calculator results are estimates only.

Note: This calculator is best viewed with a browser such as Internet Explorer, Netscape 6 or greater, or Firefox. Users with other browsers are advised that they may or may not be able to execute the full functionality of this calculator.

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8390 E. Crescent Parkway Suite 650, Greenwood Village, Colorado 80111

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The information contained herein is preliminary in nature and though deemed reliable is not guaranteed.
Prices, features, locations and other content is subject to change without notice. Square footages are estimates. Legal Disclaimers