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Tools & Resources

  

Rent vs Buy
If you rent your home now and are considering buying, determine if it makes financial sense with our rent vs. buy calculator. Enter in details about your current monthly rent and the home you’d like to buy and find out which option makes sense for you.

Your Results

Gross Cost of Renting information
Gross Cost of Buying information
Principal + Interest
Property Taxes information
Homeowners Insurance information
PMI information
Down Payment
Closing Costs information
Net Cost of Buying information
Home Appreciation information
Principal Paid information

Results are based solely on the information you have provided; product may not be available for all terms entered. These calculations are provided for illustrative purposes only. If mortgage insurance payment is listed, illustrative payment is based upon a conforming fixed loan for owner occupied, 1 unit dwelling for a borrower with a credit score greater than 760. This is not a credit decision or a commitment to lend. Please contact an experienced loan consultant at (800) 210-8849 for more accurate and detailed information.

Recommend: Buy

Buying could save you

This is based upon the values you provided and planning to reside in the rented home for year(s).

Ready to Buy or Refinance?

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Ready to Buy or Refinance?

GET STARTED