The True Cost of Renting vs. Owning
Renting
 
 
Monthly Rent
Monthly Renter's Insurance
 
Owning
 
 
Home Price
Down Payment
Loan Term
 
Annual R.E. Taxes
Homeowner's Insurance
Annual Maintenance
Monthly MI/PMI Factor
Monthly Condo/Coop/HOA
Loan Amount =
Interest Rate

 
Total Monthly =
 
Total Monthly =
Less the following typical benefits of owning
Principal Paid
Tax Savings @
=
Appreciation @
=
 
True Cost =
 
True Cost =


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