Renting vs. Buying a Home
Use this form to compare the costs of reting versus owning a home.
Rent & Financial Information

Your Current Monthly Rent:

$

Annual Renting Expenses (Such as Renter's Insurance and Maintenance Costs):

$

Estimated Annual Rent Increase:

 %

Alternative Investment Rate (For example, a money market savings account at 5% annual interest):

 %

Your Income Tax Rate:

 %

Home Purchase Information

Purchase Price:

$

Property Market Value:

$

Required Loan Amount:

$

Interest Rate:

 %

Loan Term:

 Years

How Many Years Before You Sell? (or pay off the loan):

 Years

Loan Fees / Points:

%

Estimated Home Appreciation Rate:

%

Loan Closing Costs:

$

Property Tax Rate:

%

Annual Home Insurance:

$

Maintenance Cost:

$

Home Selling Costs (% of the selling price):

 %


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