Buy vs. Rent Calculator

Would you like to know how much you could save by buying a home versus staying in your current apartment? This analysis is over a 5 year period assuming a 33% tax bracket and using current mortgage rates.
Step 1: What are you currently paying in rent each month?	$
Step 2: How much is it increasing each year? (1-7%)	%
Step 3: How much will your house cost?	$
Step 4: How much are you putting down?	%
Step 5: How much will your house appreciate each year? (1-10%)	%
Step 6: Click here for results below!

Over five years you would pay $ in rent.
Over five years you would pay $ in house payments.
But your home would go up in value by $ .
And you would save $ in taxes.
And pay off $ of the loan, which is equity in the home.
The net of it - by buying this home you will save on average $ per month and in total $ over 5 years.

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