Tools - Calculators


RENT OR BUY ANALYZER

Compare the financial advantage of renting versus buying based on your current monthly rent, funds towards your down payment and your desired monthly payment if you purchased a home.

Fill in the blanks below. Click the "Calculate" button when you are finished.

Monthly payment if you bought

Down payment

Annual property taxes

Interest rate

Annual increase in home value CHOOSE 0% 1% 2% 3% 4% 5% 6%

Monthly rent

Years of comparison CHOOSE 1 Year 2 Years 3 Years 4 Years 5 Years 6 Years 7 Years 8 Years 9 Years 10 Years

Information is provided for sample purposes only. SherwoodMortgageGroup.com does not guarantee its accuracy. Information should be verified and should not be relied upon as legal, financial, or other advice.