Renting Vs Buying Calculator

Should I Rent or Buy?
Use the calculator below to compare the advantages and disadvantages of owning vs. renting a home.
Current Rent:
Purchase Price of Home:
Percentage of Down Payment:
Length of Loan Term (years):
Interest Rate:
Years You Plan to Stay in This Home:
Yearly Property Tax Rate:
Yearly Home Value Increase Rate:

 

 
 

Today's Rates*

TermRateAPR
15 Yr Fxd3.5%3.625%
20 Yr Fixed4.125%4.329%
30 Yr Fxd4.375%4.51%
* All rates above are with ZERO points.

Add .125-.375 to each rate for 
no points and no closing costs option 
depending on loan size.   This is a range of rates and actual rate will depend on your
fico credit score, loan-to-value after appraisal is completed and other factors.


Ask Loan Officer for customized rate quotes

 

Need More information

Call Us: 1-800-220-0959 x 150 Sales
Email Us: info@newenglandregional.com

 

STATE LICENSING NMLS 2813
FL Mortgage Lender License MLD108
CT Mortgage Lender License 1924
MA Mortgage Broker License MC2813
MA Mortgage Lender License MC2813
ME Supervised Lender License SLM2683
Licensed by the New Hampshire Banking Department 5926-MB
Rhode Island Lender License 9400049LL
Vermont Lender License 5266
NMLS Lender License 2813

NMLS Branch Windham NH 126692
NMLS Branch Waterbury CT 1555384