Property Search  |  Our Listing  |  Buying  |  Selling  |  Investment  |  Mortgage & Calculators  |  Rental Services  |  Home Services  |  Useful Info  |  Forum
  • Mortgage Info
    •
  • Loan Officer
    •
  • Preapproval Letter
    •
  • Buy vs. Rent
    •
  • Monthly Payment
    •
  • Payment Schedule
    •
  • Loan Remaining
    •
  • Rental vs. Saving
    •
    		> Home > Mortgage & Calculators > Buy vs. Rent
    www This Site:
    Buy vs. Rent Calculator
     
    Own an house:
    Initial costs
    Down Payment   If you down payment is less than 20% house price, you may need to pay mortgage insurance
    Closing cost    
    Mortgage information
    Total mortgage:
        = House price -
           Down payment     		  If house sale price is $100000 and you pay 20% down payment ($20000), the total mortgage is $80000.
    Mortgage Rate  % Enter current mortgage rate
    Mortgage Length  Years For example: 10, 15 or 30 years
    Costs during the period you own the house (input total cost for each field. Don't input monthly cost)
    Duration you own the house Years
    Months    		  
    Mortgage Insurance (when down payment less than 20%)   Total cost in the period
    Property insurance   Total cost in the period
    Property tax   Total cost in the period
    Home Owner Associate (HOA) fee   Total cost in the period
    Regular maintenance   Total cost in the period. Including house improvement (install fans, hardwood floor ...) and repairing.
    Rental information
    Earnings                     Total money you earn if part of the house is rented out.
    Expenses                     Total cost in the period. Including "for rent" signs, printing contract,  advertisement ...
    House selling information
    House selling price    
    Expense during transaction                     Total cost during selling the house
    Other
    Earnings   Total earnings not include in above items
    Expenses Total expenses not include in above items
    Income tax information
    Approximate tax rate % Based on federal and state income tax to determine a approximate tax rate like 25%, which will be used to calculate tax return.
    Rent a house: (As comparison, the duration you rent a house is same as the duration you own a same kind of house, which input above):
    Rental cost   Total expenses on house renting
    Other costs Total expenses spending on the house improvement and repairing
    Top
    Home  |  Term of Use  |  Privacy Policy  |  Contact Us
    Copyright © 2010 XYZ Home Solutions, LLC, All rights reserved.
    Equal Housing Opportunity