Rent vs. Own Calculator

This simple calculator allows you to compare the advantages and disadvantages of owning vs. renting a home. Simply enter in a few figures below and check out the results:

	Rent vs. Own
	Current Rent:
	Purchase Price of Home:
	Down Payment: (ex. "3%")
	Interest Rate: (ex. "7%")
	Length of Loan:
	Years you plan to stay in home?
	Annual Property Tax Rate: (ex. "1%")
	Annual Home Appreciation: (ex. "4%")

	Results
		Rent	Own
	Total of Interest Payments:
	Total Property Taxes Paid:
	Total Tax Savings:
	Total of Monthly Payments:
	Average Monthly Payment:
	Appreciation of Home:
	Savings: (down @ 10%)
	Total Cost