Rent vs Buy Calculator
How We Calculated This:
- Monthly mortgage payment based on a 30-year fixed loan.
- Home values and rent increase by 6% each year to account for typical appreciation.
- Equity is calculated by comparing the projected future value to your remaining loan balance.
- This is a simplified estimate and does not include property taxes, insurance, HOA, or maintenance costs.
Disclaimer:
This tool is for educational purposes only. It is not financial or mortgage advice. Actual results will vary. Please consult with a licensed mortgage professional or financial advisor for personalized guidance.
- Monthly mortgage payment based on a 30-year fixed loan.
- Home values and rent increase by 6% each year to account for typical appreciation.
- Equity is calculated by comparing the projected future value to your remaining loan balance.
- This is a simplified estimate and does not include property taxes, insurance, HOA, or maintenance costs.
Disclaimer:
This tool is for educational purposes only. It is not financial or mortgage advice. Actual results will vary. Please consult with a licensed mortgage professional or financial advisor for personalized guidance.
📣 Important Disclaimer:
This mortgage calculator is provided for informational and educational purposes only. All calculations are estimates and should not be considered financial advice. Actual mortgage rates, terms, and payments may vary.
I am a licensed real estate agent, not a mortgage broker or lender. For personalized mortgage advice, including exact loan terms, interest rates, and qualification requirements, please consult directly with a licensed mortgage professional.
By using this calculator and submitting your information, you agree to receive follow-up communications via phone, text, and email related to real estate services. You can opt-out at any time.
