Home Price
Price of your Target home
Down Payment
Initial cash amount paid towards the home purchase.
Mortgage interest rate
2
The interest rate on your fixed-rate mortgage.
%
Loan term
Duration to repay the mortgage in full.
30-year fixed
20-year fixed
15-year fixed
Comfortable monthly rent
3
The monthly rent amount of your Target home.
More Options
Calculate
Buying
is cheaper than renting, you will save $39,222 in 5 years
1
Monthly cost
1
Rent
$2,601
Buy
$1,947