Download Rent vs Buy Calculator 4 APK for Android



Rent vs Buy Calculator 4
File name: Rent-vs-Buy-Calculator.APK
ID: com.projectvk.android.rentvsbuycalculator
Version: 4
File Size: 0.8Mb



Rent vs Buy Calculator Screenshots

Rent vs Buy Calculator Screenshots 0
Rent vs Buy Calculator Screenshots 1
Rent vs Buy Calculator Screenshots 2
Rent vs Buy Calculator Screenshots 3

Rent vs Buy Calculator Description

This easy to use and ADVERTISEMENT FREE calculator helps you compare the cost of buying vs. renting your home!

Owning your home is a dream come true for most of us. However, there are a number of costs involved in buying your own place – some costs are easily visible e.g. mortgage payment, property taxes, Insurance etc., while other costs are not so easily visible at the time of purchase e.g. 4%-6% realtor fee to sell the home. Depending on individual’s situation these costs can be significant (especially if you are planning to live in the home for only a few years).

This calculator helps you compare the cost of buying vs. renting your home. It takes into account the cost of buying a home, property value appreciation, tax break etc. vs. simply renting a place to live.

Key Features:

Compare the cost of buying vs. renting a home

Home-ownership costs included:
· Interest portion of mortgage payments (calculated based on loan amount and interest rates)
· Closing costs
· Condo, association or other monthly fees
· Property taxes
· Homeowners insurance
· Realtor fee to sell the home
· Foregone income on the down-payment (calculated based on home value and loan amount)

Home-ownership benefits:
· Tax break on interest and property taxes (calculated based on your tax bracket)
· Home value appreciation

Renting costs:
· Rental payments
· Rent increase
· Rental insurance

Other inputs:
· Length of stay in the home/apartment

Advertisement Free

Updates:
Improved label descriptions and help.

Rent vs Buy Calculator | 19 Reviewers | | Rating: 4.2

Download Rent vs Buy Calculator 4 APK

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