Royal LePage Maximum Realty Brokerage

Sales (905) 856-7514

Rent vs Buy Calculator

Renting Costs:

Ownership Costs:

Monthly Rent:	$
Monthly Rental Insurance:	$
Annual Rent Increase:	%

Ownership Costs:

Purchase Price of Home:	$
Annual Property Taxes:	$
Annual Homeowners Insurance:	$
Loan Amount:	$
Interest Rate:	%
Loan Term:
Appreciation Rate:	%
Years before Selling:

Renting Advantages:

Ownership Advantages:

Monthly Payment:	$
Insurance / Taxes:	$
Total Monthly Payment:	$
Total Rent / Mortgage Payments:	$
Savings Through Renting a Home:	$

Ownership Advantages:

Monthly Payment:	$
Insurance / Taxes:	$
Total Monthly Payment:	$
Total Rent / Mortgage Payments:	$
Savings Through Purchasing a Home:	$
Home Value at Expected Selling Date:	$

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