Am I better off renting?

Rent vs. Buy Calculator


* Required
Rent Information
Monthly Rent:*	$		Annual Rent Increase:*		%
Monthly Renter's Insurance:	$

Purchase Information
Purchase Price:*	$		Interest Rate: *		%
Appraised Value:	$		Loan Points:		%
House's Appreciation Rate:*		%	Other Loan Costs:	$
Savings Rate:		%	Yearly Property Tax:	$
Your State + Federal Tax Rate:		%	Yearly House Maintenance:	$
Years Before Sale / Pay Off Loan:			Yearly Homeowner's Insurance:	$
Loan Amount:*	$		Selling Costs (% of Selling Price):		%
Term in Years:*

Approved Mortgages, Inc. - 5820 N. Canton Center Road, Suite 125 - Canton, MI 48187
Office Phone: (734) 455-2219 Fax: (734) 455-2370 Toll Free Phone: (866) APP-MTGS

:: Apply Now :: Market Update :: Pre-Qualify :: Prequal CalcuLetter :: Loan Programs :: Purchasing :: Free Homebuyer Tips :: Refinance :: Homebuyer Education :: Rate Alert :: Calculators :: Loan Process :: FAQ :: Forms :: Contact Us :: Loan Officers :: Tell-A-Friend :: About Us :: Credit Report :: Marketplace :: Home ::

We lend in the following states: MI

Equal Housing Lender