Am I better off renting?

Rent vs. Buy Calculator


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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:*

First Interstate Financial Corp. - 39 Avenue at the Commons - Shrewsbury, NJ 07702
Office Phone: 732-389-9898 Ext.117 Fax: 732-460-7647

We lend in the following states: California (CA)-Licensed by the CA Dept. of Corporations under the Finance Lenders Law; Colorado (CO)- Exempt from licensing; Conneticut (CT)-First Mortgage Lender/Broker, Secondary Mortgage Lender/Broker;Delaware (DE) Licensed Lender;Florida (FL)-Licensed Lender;Georgia (GA)-Georgia Residential Mortgage Licensee;Illinois (IL)-Illinois Residential Mortgage Licensee;Massachusetts (MA)-Massachusetts Lender License #MC2193;Michigan (MI)-First Lender/Broker, Secondary Lender/Broker; Missouri (MO)-Exempt from licensing; Montana (MT)-Exempt from licensing; New Jersey (NJ) Licensed by the NJ Dept. of Banking and Insurance; New York (NY)-Licensed Mortgage Banker-NYS Banking Dept.; Pennsylvania (PA) Licensed by the PA Dept. of Banking Licensed pursuant to the PA Secondary Mortgage Act; Texas (TX) Registered Mortgage Banker; Virginia (VA)-Licensed Lender and Broker