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Rent Vs Buy Mortgage Calculator

Our Rent Vs Buy Mortgage Calculator calculates how much home you can afford based upon your current rent payment. Enter in your monthly rent payment, an estimated mortgage rate, and the term (years) and you will get a rough estimate of just how much you can comfortably afford.

Remember this is only an estimate and gives you an idea of how much home you can afford. By applying for a mortgage loan you will see that the amount a lender sees as your ability to afford can be much higher.
Note: Calculator assumes that your property tax, insurance and maintenace expenses will be offset by the appreciation of the value of your home.
 
 
 

Enter your monthly rent payment:
Enter the anticipated mortgage interest rate:
Enter the term of the mortgage (years):
The size mortgage you could afford:
10% down payment:
Price of home:

 


 

 

 

 

 

 

 

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