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This calculator allows you to compare the advantages and disadvantages of owning vs. renting a home. Fill in the following information and click the Calculate button for results. To obtain a loan, you must go through the application process.
  Should I continue to rent, or buy a home?  
  Current Rent:    
  Purchase Price of Home:    
  Down Payment (percentage):    
  Interest Rate:    
  Length of Loan Term (years):    
  How many years do you plan to stay in this home?    
  Annual Property Tax Rate:    
  Annual Appreciation of Home:    
  Rent vs. Own Calculator Results  
  Total Interest Paid:      
  Total Property Taxes Paid:      
  Total Tax Savings:      
  Total Monthly Payments:    
  Average Monthly Payment:    
  Appreciation of Home:      
  Savings (down payment amount invested at 10%):      
  Total Cost:    
Note: This calculator is intended for informational purposes only and NVRmortgages.com is not responsible for any errors in calculations. This calculator is only a guide. In the interest of simplicity, certain conservative assumptions about rent increases, closing costs, and other factors have been made.


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