This form will help you to decide which is the better choice, renting or buying. Based on the numbers you enter here, the program will calculate the return on a real property investment and compare it with the return on the same investment in an alternative such as a money market, savings account, or mutual fund.
When you have completed the form, click on "Calculate" to display the results.
Loan Information
*
Purchase Price:
(In US Dollars $)
*
Down Payment :
*
Term of Loan:
(In Years)
*
Annual Interest Rate:
%
(*APR -
Annual Percentage Rate
)
Annual Home Value
Appreciation:
%
Your Tax Bracket:
%
Rental Information
*
Current Rent Payment:
(Per Month)
Rate of Return on Other Investment:
%
*
Time Period for Comparison:
(In Years)
Please fill in all the required fields. *
Results:
:
Loan Amount $0.00
Monthly Mortgage Payment $0.00
Taxes, Insurance, and PMI $0.00
Total Monthly Payment $0.00
Less Tax Deduction $0.00
Appreciation Gain $0.00
Adjusted Monthly Payment $0.00
Current Rent $0.00
Less Investment Income $0.00
Adjusted Monthly Rent $0.00
Amount saved by Renting over years $0.00
Please Note
The results provided by this calculator are intended for informational purposes only and do not guarantee the terms of or your eligibility for any specific product offered by First Financial. If you have questions, call (800) 537-8491 to determine your eligibility for a specific product.
E-Mail:
mycu@fffcu.org
Call:1(800) 537-8491
First Financial is an Equal Opportunity Lender
Copyright © 2002 First Financial Credit Union. All rights reserved.
