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Rent vs. Buy

Compare the costs and benefits of buying a home vs. renting. 

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Renting Details
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Loan Details
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Owning Details
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Net cost comparision Own vs Rent
 

The payments or qualification for loan amount do not include Private Mortgage Insurance if your down payment is less than 20%. Higher loan amounts may be available with an FHA loan.

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DISCLAIMER: These calculators are for informational purposes only. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. The mortgage rate and payment results you see on these calculators are hypothetical and illustrative only and do not reflect your actual mortgage loan situation or needs. Mortgage rates change daily and actual payments will vary. Not all payment examples include amounts for taxes and insurance premiums and the actual payment obligation will be greater. To give you accurate and personalized information, we will need to do a detailed analysis of your financial situation. goodmortgage offers a wide variety of mortgage loan options. To get more accurate and personalized results, please proceed by selecting “Apply Now” or “Rate Quote.”