Rent Or Buy

Rent Or Buy

Take the first step: enter your info below to see what option makes sense for you.
Select your metro area:
What is your target monthly rent?
$2,600
What is your target home price?
$500,000
How long would you live there?
7 years
What is your income tax rate?
28%
I do not itemize.
What is your mortgage rate?
4.18%
Show Advanced Settings
Renting Costs
$2,444 / month
Buying Costs
$2,152 / month

Buying is 12% cheaper.

Figures are averaged over time and discounted.
SEE HOMES FOR SALE
Not sure if you're ready to buy? See homes for rent.


Bob Hoobler Headshot
Author:
Phone: 717-554-2358
Dated: October 2nd 2014
Views: 145
About Bob: ...

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Location & Address

Re/Max 1st Advantage
6375 Mercury Drive Suite 101
Mechanicsburg, PA
717-259-2946
717-591-7273