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Rent vs. Buy Calculator

 
 
 

Calculate the savings of buying over renting

 
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Dallas Texas Mortgage Rent vs Buy Calculator
 

Monthly rent: $
Monthly rental insurance: $
Expected annual inflation rate: %
Purchase price of home: $
Down payment amount: $
Length of mortgage term (years): #
Mortgage's annual interest rate: %
Discount points on purchase of home: %
Origination fees: %
Other loan costs: $
Mortgage Insurance (PMI): %
Homeowner's insurance rate: %
Monthly association dues: $
Average monthly maintenance: $
Annual property tax: $
Federal income tax rate: (No state taxes in Texas) %
Interest rate you expect to earn on savings: %
Expected yearly appreciation of home %
Number of years you will stay at this property: #
Realtor commission rate: %

Total estimated cost of renting:

$

Total estimated cost of buying:

$


 

All information herein is deemed reliable but not guaranteed.
You should obtain personal advice from qualified professionals.

 


 

   

Why should I pre-qualify for a mortgage first?

Getting prequalified for your mortgage is an important step before you shop for a home. It tells you how much home you can buy and makes applying for your mortgage easier. A mortgage prequalification can also give you additional leverage with a seller in negotiating the best possible terms of the sale.
 

 

 

Reasons you should use the Boulevard Team:

We will show you any and all homes on the market

We Listen, We Care, and we deliver with excellence!

We can help you shop for the right mortgage if needed

Save time with our 1 on 1 Consultation meetings

A-Z complete service (You wouldn't have to lift a finger)

Representation is 100% FREE for buyers and renters

We won't represent sellers and the buyers at the same time.

 

 

 

 

 

 

 

 

 

  

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