Monthly rent:

Purchase price of home:

Down payment amount:

Length of mortgage term(years):

interest rate:

Closing Costs:

Homeowner's insurance rate: (.35% of loan amount)

Monthly association dues:

Average monthly maintenance:

Annual property tax: (1.25% of Sale Price)

Income tax rate:

Interest rate you expect to earn on savings: (this is calcluated on down payment and closing costs if you choose to rent instead of buy)

Expected percentage your home will appreciate by each year:

Number of years you will stay at this property:

Realtor commission rate: (IF you plan on selling this home within a few years)

Total estimated cost of renting: