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.
