Which Loan Type? 
Rent
Enter a Dollar Amount
Purchase
State 
Purchase Price 
Tax Factor 
$0,000
HOA/Condo/Co-op Fee 
Loan Terms
Down Payment 
$00,000
Loan Amount 
$00,000
Interest Rate 
APR: 0.000%
Term 
Monthly P&I Payment 
$0,000.00
MI/PMI Factor 
Monthly MI/PMI Cost 
$00.00
Insurance Factor 
$00.00
Monthly R.E. Taxes 
$000.00
HOA/Condo/Co-op Fee
$00.00
Total Monthly Expenses 
$000.00
Grand Total Monthly Payment 
$0,000.00
Top Line Comparison
Monthly Rent
$0,000
Monthly Housing Payment
$0,000
A monthly housing payment would be $000.00 more than paying rent. less than paying rent. The top line is never the whole story. To see more, open the next section.
Bottom Line Comparison
The real cost of owning can't be seen by the payment alone. There are other costs, such as maintenance, and potential benefits from deductions and gains. Let's take these details into account for a more complete comparison:
Renting
Owning
Monthly Expenses

Monthly Rent
$0,000
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Monthly Expense 
$0,000
Principal 
$000.00
Interest 
$0,000
R.E. Taxes 
$000.00
Insurance 
$000.00
MI/PMI Cost 
$00.00
HOA/Condo/Co-op Fee 
$00.00
Maintenance 
$000.00
Lost Opportunity 
$00.00
Total Monthly Expense 
$0,000
Short Term Monthly Benefits

 
 
Potential Tax Benefit 
$00.00
 
 
 
 
Total Short Term Benefits 
$00.00
Principal 
$000.00
Potential Tax Benefit 
$00.00
Mortgage Interest 
$000.00
R.E. Taxes 
$000.00
Total Short Term Benefits 
$000.00
Long Term Monthly Benefit

 
 
Appreciation 
$0,000
True Cost

Total Monthly Expense 
$0,000
Less Short Term Benefits 
$0,000
Less Long Term Benefits
$0
Total After All Benefits 
$0,000
Total Monthly Expense 
$0,000
Less Short Term Benefits 
$0,000
Less Long Term Benefits 
$0,000
Total After All Benefits 
$0,000
A monthly housing cost would be $000.00 more than paying rent. less than paying rent.