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Current Rent:

Purchase Price of Home:

Percentage of Down Payment:

Length of Loan Term (years):

Interest Rate:

Years You Plan to Stay in This Home:

Yearly Property Tax Rate:

Yearly Home Value Increase Rate:


Result Returned:	Rent	Buy
Price of Home After Appreciation:
Remaining Balance After Years:
Equity Earned:
Tax Savings (at 28%):
Avg. Monthly Payment Over Time:
Total Payment:
Total Savings On:

Note: The calculator above uses these items in its calculations: private mortgage insurance, homeowner's insurance cost, loan closing cost, cost of selling a home, property tax, homeowner's tax saving, and rent increases. Calculator results are estimates only. SPNL is not an accounting firm nor at all giving legal advice.

Use our Principal and Interest Mortgage Calculator to find out your monthly payments on a new home.