Owning Vs. Renting

Qualifying Ratios

Monthly Payments

Annual Ownership

Quick Qualifier

Annual Ownership
Annual Ownership Cost


Sale Price of Home
Percent (%) or $ Down Payment
Term of Loan (in Years)
Interest Rate (% of 100)

Dollar Amount Financed

Monthly Payment

Annual Loan Cost
Ann. Property Taxes
Ann. Home Ins. Prem.
Ann. Home Assoc. Fees
Ann. Home Maint/Repair
Homeowner's State + Fed. Tax Rate
First Year Mortgage Interest

Tax Reduction for Interest

ANNUAL COST OF HOME OWNERSHIP