Rent vs. Buy Calculator

Am I better off renting?

Optima Mortgage Corporation - Mortgage Brokers

P o w e r e d b y

Monthly Rent ($)	Annual Rent Increase (%)
Monthly Renter's Insurance ($)

Purchase Price ($)	Interest Rate (%)
Appraised Value ($)	Loan Points (%)
House's Appreciation Rate (%)	Other Loan Costs ($)
Savings Rate (%)	Yearly Property Taxes ($)
Your State + Federal Tax Rate (%)	Yearly House Maintenance ($)
Years Before Sell / Pay Off Loan	Yearly Homeowner's Insurance ($)
Loan Amount ($)	Selling Costs (% of Selling Price)
Term In Years