Programs
Rent vs. Own Calculator
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Rent vs. Own Calculator
Renter Assumptions
Homeowner Assumptions
Locked range: 2.000% – 12.000%
Total Cost to Rent
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Total Cost to Own
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Owner’s Equity (Your Wealth for being a homeowner)
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Renter’s Equity (Your Wealth for being a renter)
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Final Comparison
Total Cost per Year (Renter)
Total Cost per Year (Homeowner)
Homeowner’s Equity / Wealth
Renter’s Equity / Wealth
Results Tables (Yearly)
Renter
| Period | Rent Cost (per year) |
Renter Equity / Wealth |
|---|---|---|
| Run “Calculate Rent vs. Own” to generate results. | ||
Owner
| Period | Owner Cost (per year) |
Home Value | Mortgage Balance | Total Equity / Wealth |
|---|---|---|---|---|
| Run “Calculate Rent vs. Own” to generate results. | ||||
Castle Rock Mortgage LLC | NMLS ID 1935205 | Equal Housing Opportunity | This is not a commitment to lend. All loans are subject to credit and underwriting approval. | Castle Rock Mortgage LLC is a Mortgage Broker and is not the FHA, which is a government agency, nor working on behalf of the FHA or any government agencies. | www.castlerockmortgageloans.com
