| This calculator will help you to compare the costs of
renting to the costs of buying a home. Since there are all kinds of
forces at work behind the scenes (interest, property taxes, tax
savings, appreciation, opportunity costs, closing costs, selling
costs, etc.), comparing the cost of renting to the cost of buying is
a lot more complicated than just comparing the monthly mortgage
payment to the monthly rent payment. This calculator attempts to
forecast the net effects of all the hidden forces so you can make an
informed decision.
Help Buttons: For pop-up explanations of any of the
entry fields, click the radio button next to the description.
NOTE: Be sure to enter "0" (zero) in any entry
boxes that don't apply to you. Also be sure that only numbers and
decimal points are entered into the fields (dollar signs and other
non-numeric characters will cause a JavaScript error).
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