Buy vs. Rent Calculator This calucator assumes a 30% tax bracket and uses current mortgage rates: The time period is five years.
How much rent are you currently paying each month?	$
How does rent increase each year? (1-7%)	%
What is the cost for the house or condo?	$
What is your down payment percentage?	%
How much do you estimate your house appreciate each year? (1-10%)	%
Over five years you will pay   $ in rent.
Over five years you will pay $ in house payments.
Your home will increase $
You will save $ in taxes.
You will pay off $ of the loan.
By buying a home instead of renting you will save   $ per month for a total of $ over five years.