amred.com - AMRED Limited liability Company is a Houston based consulting firm dealing with real estate investment needs

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Rent vs. Buy
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Rent vs. Buy Calculator
Am I better off renting or owning? This calculator will show you the financial differences between the two.
$   Current Rent
  % Est. tax bracket
$   Purchase Price
  % Down Payment
  % Interest Rate
    Mortgage Term (Years)
    Your Monthly Payment
$   Yearly Taxes?
$   Yearly Insurance?
    Total PITI
    How long will you own (typ. 7 yrs)
$   This is your rent over the period
$   This is mortgage over the period
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Rent vs. Buy Calculator
Note: this calculator only provides an estimate, users should contact their bank for their full financial needs.
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