This calculator computes the costs of renting versus the costs of buying
a home. There are many things included in the calculation such as interest, property taxes, tax savings, appreciation,
closing costs, etc. But comparing the cost of renting to the cost of buying is a lot more complicated.
This calculator attempts to forecast the effects of all the hidden components so you can make an informed
decision.
NOTICE:
This calculator assumes conventional financing for all calculations however
the final amounts may be different depending on your circumstances. To ensure
accuracy it is recommended you obtain personal advice from qualified professionals.
