Rent vs Buy Calculator
https://www.nerdwallet.com/calculator/rent-vs-buy-calculator
What It Calculates:
It estimates and compares the total cost of renting vs. buying over a set number of years by considering:
For Renting:
Monthly rent
Annual rent increases
Renter's insurance (optional)
For Buying:
Home price
Down payment
Mortgage interest rate
Property taxes
Homeowner’s insurance
HOA fees (if any)
Maintenance and repair costs
Home appreciation and potential resale value
Why It’s Useful:
Helps make an informed decision tailored to your financial situation and timeline
Reveals hidden long-term costs or savings
Useful for first-time homebuyers, investors, or relocators
More Buying & Selling Tools
A Closing Cost Estimator is a financial tool that helps homebuyers and sellers estimate the total costs they’ll need to pay at the closing of a real estate transaction—on...
The EPA's Real Estate Disclosures About Potential Lead Hazards page outlines federal requirements that protect buyers and renters from the dangers of lead-based paint in housing...
The Calculator.net Mortgage Calculator is a powerful, free tool for homeowners and buyers alike.
If you're looking to share or embed their mortgage calculator on...
A Pre-Approval Checklist is a list of documents and information that a mortgage lender requires from a borrower to begin the process of determining whether they qualify for...
What It Typically Calculates:
Estimated Annual Property Tax
Based on the assessed value of the home and the local tax rate.
Effective Tax...
A Walk Score tool is an online metric that rates how walkable a specific address or neighborhood is, based on proximity to amenities like grocery stores, schools, parks, restaurants,...
The ZIMAS (Zone Information and Map Access System) tool is an essential resource provided by the City of Los Angeles that allows users to access detailed zoning, land use,...
Home
MyRealEstateGeek.com
