Home Rent vs. Buy Calculator - Independent Bank in Memphis, TN

Home Rent vs. Buy

Should you rent or buy a home? We’ll help you consider which option will put your money to the best use over time.

Rent
Monthly renters insurance
Rent increase
Net investment return
House price
House appreciation
Annual homeowners insurance
Monthly homeowners association fees
Private mortgage insurance rate
Property tax % $
Down payment % $
Closing costs % $
Mortgage term in years
Interest rate
Discount points

These online calculators are for ballparking values only. For more precise information, consult your financial institution.

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