Buy vs Rent — Gavin Hamilton

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Mortgage Planning Tool

Buy vs Rent

Compare home equity to investing the difference — with net worth projections over your chosen timeframe.

Rent

Estimated Monthly Rent

Annual Rent Increases (%)

Amount Invested / Month

Est. Investment Return (%)

Buy

Purchase Price

Down Payment

Interest Rate (%)

Loan Term

Annual Home Appreciation (%)

Include Taxes & Insurance?

Annual Property Taxes

Annual Homeowners Insurance

Timeframe

Analysis Period (Years)

Your Results

Buy vs Rent Comparison

At a Glance

Monthly Rent (today)

—

Est. Mortgage PITI (today)

—

Est. Rent (in 10 years)

—

Est. Mortgage PITI (in 10 years)

—

Net Worth — Renting (in 10 years)

—

Net Worth — Buying (in 10 years)

—

↓ Full breakdown below

Current Rent

Monthly Rent

—

/ month, today

Principal & Interest—

Est. Property Tax—

Est. Homeowners Ins.—

Current Mortgage

Total Monthly Payment

—

/ month, today

—

Principal & Interest—

Est. Property Tax—

Est. Homeowners Ins.—

Est. PMI—

Monthly mortgage insurance required (less than 20% down). Estimate only — contact a lending professional for accurate quote.

— Years From Now —

Renting

Future Est. Rent Payment

—

Annual increase—

After years—

Est. Net Worth (Investments)

—

Monthly invested—

Total contributions—

Investment return—

Buying

Future Est. Mortgage Payment

—

Principal & Interest (fixed)—

Est. future property tax—

Est. future homeowners ins.—

Est. PMI—

Est. Net Worth (Home Equity)

—

Future home value—

Remaining loan balance—

Home equity—

For educational and informational purposes only. Net worth projections are estimates and do not account for all costs of homeownership or renting.

Future property tax and insurance estimates assume appreciation at the same rate as the input annual home appreciation.

*APR estimate includes origination fees of $1,525, settlement fees, a 1% discount point, and 15 days prepaid interest (Portland, Oregon).