MMS Application - Rent vs Own

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Rent vs. Own Calculator

Rent Vs. Own Calculator

Calculate the difference between renting and buying a home.

Monthly Rent

Annual Rent Increase

Monthly Renter's Insurance

Home Purchase Price

Down Payment

Mortgage Interest Rate

Estimated Home Purchase Costs

Property Tax Rate

Annual Home Maintenance

How long before selling?

Years

Annual Home Appreciation

Selling Costs

Interest Earned on Down Payment

Your Income Tax Rate

Default amounts are hypothetical and may not apply to your individual situation. This calculator provides approximations for informational purposes only. Actual results will be provided by your lender and will likely vary depending on your eligibility and current market rates.

Results

Should you Rent or Own?

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Average Monthly Payment Savings

$0.00

Estimated Total Gain

$0.00

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Members Mortgage Services, LLC is an Equal Housing Lender. NMLS #760008. Members Mortgage Services, LLC is licensed and authorized in the following states: Arkansas, Colorado, Illinois, Iowa, Kansas, Missouri, Nebraska, Oklahoma and Texas. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.

Members Mortgage Services, LLC is an Equal Housing Lender. NMLS #760008. Members Mortgage Services, LLC is licensed and authorized in the following states: Arkansas, Colorado, Illinois, Iowa, Kansas, Missouri, Nebraska, Oklahoma and Texas. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.