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Thursday, 28 August 2008
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Rent vs. Buy Calculator
Am I better off renting or owning? This calculator will show you the financial differences between the two.
$
Current Rent
%
Est. tax bracket
$
Purchase Price
%
Down Payment
%
Interest Rate
Mortgage Term (Years)
Your Monthly Payment
$
Yearly Taxes?
$
Yearly Insurance?
Total PITI
How long will you own (typ. 7 yrs)
$
This is your rent over the period
$
This is mortgage over the period
REAL Estate Calculator
calculate your mortgage repayments
loan amount
$
down payment
$
annual interest rate
%
term of loan
years
total interest
$
monthly payment
$
note: this is only an estimate, contact your bank for your full financial needs
Home Affordability Calculator
How much home can you really afford? This calculator estimates this amount based upon your down payment, what you can afford to pay per month, and the financing.
$
Down Payment?
$
Est. Monthly Payment?
Years to Finance?
%
Interest Rate?
$
This is what you can afford.
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