Should you rent or should you buy your home? It takes more than looking at your mortgage payment to answer this question. This calculator helps you weed through the fees, taxes, and monthly payments to help you make a good financial decision.
Loan amount
Monthly payment
Annual rent
Tax savings of interest deductions
Total annual cost of renting
Tax savings of property tax
Opportunity cost of buying
Total adjustments
Total cost of buying
After-tax cost of home ownership
Principal reduction in mortgage
Net annual cost of home ownership
