Rent or Buy

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Home Price:

Down Payment Percentage (%):

Interest Rate (%):

Loan Term (in Years):

Buying Closing Cost Percentage (%):

Annual Property Tax (%):

Annual Increase in Property Tax (%):

Annual Home Insurance Costs:

Monthly Condo Fees:

Annual Maintenance Cost Percentage (%):

Annual Home Value Appreciation (%):

Annual Cost/Insurance Increase (%):

Selling Closing Cost(%):

Monthly Rental Fee:

Annual Rental Fee Increase (%):

Monthly Renter's Insurance Fee:

Security Deposit:

Upfront Cost:

Average Investment Return (%):

Marginal Federal Tax Rate (%):

Marginal State Tax Rate (%):

Marginal State Tax Rate (%):

Staying Length	Average Monthly Cost to Buy	Average Monthly Cost to Rent
1 Year	1,520.17	2,015.00
2 Years	1,529.17	2,075.00
3 Years	1,538.17	2,136.80
4 Years	1,547.17	2,200.45
5 Years	1,556.17	2,266.02
6 Years	1,565.17	2,333.55
7 Years	1,574.17	2,403.10
8 Years	1,583.17	2,474.75
9 Years	1,592.17	2,548.54
10 Years	1,601.17	2,624.55
11 Years	1,610.17	2,702.83
12 Years	1,619.17	2,783.47
13 Years	1,628.17	2,866.52
14 Years	1,637.17	2,952.07
15 Years	1,646.17	3,040.18
16 Years	1,655.17	3,130.93
17 Years	1,664.17	3,224.41
18 Years	1,673.17	3,320.70
19 Years	1,682.17	3,419.87
20 Years	1,691.17	3,522.01
21 Years	1,700.17	3,627.22
22 Years	1,709.17	3,735.59
23 Years	1,718.17	3,847.21
24 Years	1,727.17	3,962.17
25 Years	1,736.17	4,080.59
26 Years	1,745.17	4,202.56
27 Years	1,754.17	4,328.18
28 Years	1,763.17	4,457.58
29 Years	1,772.17	4,590.86
30 Years	1,781.17	4,728.13