How much can I save through debt consolidation? Should you rent or buy? This calculator compares making rent and mortgage payments. Enter the Following: Information on Your Current Rent: Monthly Rent Payment: Annual Increase Rate: % Cash on Hand: Investment Yield Rate: % Income Tax Rate: % Information on Your Proposed Mortgage: Home Price: Total Closing Costs: Interest Rate: % Term, Months: Home Appreciation Rate: % Number of Years for Comparison: The Following Items are Calculated: If You Continue to Rent: Total of Rent Payments Total Investment Income: Net Investment Income: Net Cost: Home Equity: If You Purchase a Home: Monthly Payment: Total Mortgage Payments: Mortgage Interest: Appreciation In Home Value: Home Equity:
