Rent Versus Buy Calculator
BLUE ONE Realty offers you this rent versus buy calculator option for you to see in real numbers how much you would be saving with a mortgage payment to buy a home compared to renting.
How much would you save over the life of a mortgage compared to renting for that same time period?
| Estimated cost of renting: | $597,949.62 |
|---|---|
| Estimated gross costs of buying: | $382,706.50 |
| Estimated tax savings: | $60,425.67 |
| Estimated increase in equity: | $232,200.00 |
| Estimated net cost of buying: | $90,080.83 |
| Estimated investment-related savings: | $40,629.50 |
| Estimated total savings: | $507,868.79 |
