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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NMLS #531738 | Routing & Transit Number: 283079227

L&N Federal Credit Union is a cooperative, not-for-profit financial institution owned and operated by its members exclusively to meet their financial needs. Currently, Over 99,000 people from across Kentucky, Southern Indiana, & Ohio are LNFCU Members. Click here to learn more or to join.

9265 Smyrna Parkway • Louisville, KY 40229

800-292-2905 | realestate@lnfcu.com

L&N Federal Credit Union is federally insured by the National Credit Union Administration.

NMLS #531738 | Routing & Transit Number: 283079227

L&N Federal Credit Union is a cooperative, not-for-profit financial institution owned and operated by its members exclusively to meet their financial needs. Currently, Over 99,000 people from across Kentucky, Southern Indiana, & Ohio are LNFCU Members. Click here to learn more or to join.