Purchase house or rent

YourMoneyPage Latest 2023 State Data - Are You Middle Class?

Purchase home or keep renting

Use this calculator to see if buying or renting is better financially for you.

.....Mortgage Information.....
New Home Price:
Down payment %:	%
Mortgage Interest Rate:	%
Length of Loan:
Closing Costs:?

.....Annual Information.....
Annual home maintenance and insurance cost (as percent of home value):?	%
Property Taxes (as % of home value):	%
Expected annual change in Home Value:?
Mortgage Interest Tax Deduction:?

.....Selling Expenses.....
Fixup, Realtor and Other costs when you sell your house (as percentage of sale price):?

.....Rental Information.....
Monthly Cost to Rent:?
Expected annual increase in Rent: