Start by entering the basic required information: Optional fields that provide more detailed results but are not necessary for a basic calculation include property tax, home insurance, HOA fees, annual income, monthly debts, and extra monthly payments.
The calculator also offers advanced features like refinance analysis and rent vs. buy comparison, which require additional optional inputs.
Monthly Payment:
Total Loan Amount:
Total Interest:
LTV Ratio:
Affordability:
New Loan Term:
Interest Saved:
Annual Tax Savings:
Monthly Savings:
Break-even Point (months):
Expense | Renting | Buying |
---|---|---|
Monthly Payment | ||
Property Tax | - | |
Home Insurance | - | |
HOA Fees | - | |
Maintenance | - | |
Total Monthly |