Rent Vs. Own

This calculator allows you to compare the advantages and disadvantages of owning vs. renting a home. Fill in the information below and click the Calculate button for results.

Current rent:
Purchase price of home:
Down Payment (percentage):
Interest rate:
Length of loan term (years):
How many years do you plan to stay in this home?
Annual property tax rate:
Annual appreciation of home:
Results: print this page
  Rent Own
Total interest paid:  
Total property taxes paid:  
Total tax savings:  
Total monthly payments:
Average monthly payment:
Appreciation of home:  
Savings (down payment amount invested at 10%)  
Total Cost:

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Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed. Security Mortgage Funding Corporation does not guarantee the accuracy of any information produced by the calculators on this site, and is not responsible for any errors, omissions, or misrepresentations.