Renting vs. Buying
House Value:
Mortgage Length (in Years):
apr:
Repair Costs:
Property Taxes:
Homeowners Insurance:
Return on Investment Per Year:
House Appreciation Per Year:
Monthly Amoritized Mortgage Price:
Monthly Amoritized Rent Price:
Over
years you will spend $
to buy a house with a final value of $
, or $
to rent it for that duration.
If you buy, you will end up spending $
, and if renting, your investments will have earned $
, so you will spend: $
if renting.