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Rent vs. Buy a Home
RESULTS
Buying
Renting
Monthly Payment ($ / Month)
Payment - End of Period ($ / Month)
Property Tax and Insurance ($ / Month)
Maintenance ($ / Month)
Total Monthly Expenses ($ / Month)
Total Cost Before Selling / Moving ($)
Additional Ownership Adjustments
Expected Selling Price ($)
Minus:
Original Down Payment ($)
Minus:
Remaining Principal on Loan ($)
Minus: Cost to Sell ($)
Add: Tax Benefit / Savings ($)
Gain / (Loss) on Owning Home ($)
Effective Cost of Buying or Renting ($)
Net Gain (Loss) by Buying a Home ($)
Renting a Home
Monthly Rent ($ / Month)
Renter's Insurance
($ / Month)
Expected Annual Rent Increase (%)
Buying a Home
Purchase Price of Home
Mortgage or Home Loan
Interest Rate on Loan (%)
Term of the Loan (Years)
Homeowners Insurance
($ / Year)
Property or Real Estate Taxes
($ / Year)
Home Maintenance
($ / Year)
Home Ownership Assumptions
Years before Selling (Years)
Home Appreciation Rate (% / Year)
Cost to Sell Home
(% of Selling Price)
Federal / State Income Tax (%)
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