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Richfield News
Local news for Richfield, MN continually updated from thousands of sources on the web.
Steve Schneeberger
Edina Realty
3930 West 49 1/2 Street
Richfield, MN, 55423
Office: 952-915-7997
Cell: 612-581-7313
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Last Updated ( Saturday, 08 August 2009 )
 
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Rent vs. Buy Calculator

Am I better off renting or owning? This calculator will show you the financial differences between the two.
$   Current Rent
  % Est. tax bracket
$   Purchase Price
  % Down Payment
  % Interest Rate
    Mortgage Term (Years)
    Your Monthly Payment
$   Yearly Taxes?
$   Yearly Insurance?
    Total PITI
    How long will you own (typ. 7 yrs)

$   This is your rent over the period
$   This is mortgage over the period

REAL calculator

Calculate your mortgage repayments:

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Down payment: $
Annual interest rate: %
Term of loan: years

Total interest:
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