Summit Mortgage : Rent vs. Own

Rent vs. Own

Compare the estimated costs of buying vs. renting a home.

*	Monthly Rent:	$
*	Annual Rent Increase:		%
*	Monthly Renter's Insurance:	$
*	Home Purchase Price:	$
*	Down Payment:	$
*	Mortgage Interest Rate:		%
*	Estimated Home Purchase Costs:		%
*	Property Tax Rate:		%
*	Annual Home Maintenance:		%
*	How Long Before Selling?		Years
*	Annual Home Appreciation:		%
*	Selling Costs:		%
*	Interest Earned on Down Payment:		%
*	Your Income Tax Rate:		%


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The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.