Rockville Office
11400 Rockville Pike, Suite 200
Rockville, MD 20852
Tel: 301-881-1700
Fax: 301-881-1706

Silver Spring Office
12301 Old Columbia Pike,
Suite 310, Silver Spring,
MD 20904
Tel: 301-592-0200
Fax: 301-592-0222




   Rent Vs. Buy Calculator

Use this calculator to help you compare the costs of renting versus the costs of buying a home. This is an approximation, since there are many considerations here (such as opportunity costs, closing costs, etc) and efforts have been made to take as many of these into account.

Monthly rent ($):
Monthly rental insurance ($):
Expected annual inflation rate (%):
Purchase price of home ($):
Down payment amount ($):
Length of mortgage term (# of years):
Mortgage's annual interest rate (%):
Discount points on purchase of home (%):
Origination fees (%):
Other loan costs ($):
Mortgage Insurance (PMI %):
Homeowner's insurance rate (%):
Monthly association dues ($):
Average monthly maintenance ($):
Annual property tax ($):
State plus Federal income tax rate (%):
Interest rate you expect to earn on savings (%):
Expected percentage your home will appreciate by each year (%):
Number of years you will stay at this property:
Realtor commission rate (%):
 
Total estimated cost of renting:
Total estimated cost of buying:
 
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