Midwest Mortgage Consultants

Renting Vs Buying Calculator

Should I Rent or Buy?
Use the calculator below to compare the advantages and disadvantages 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: