The calculations and figures provided by this tool are based on the limited information you have provided and certain default assumptions. They are estimates intended for illustrative and informational purposes only. We do not guarantee the accuracy or applicability of these calculations to your individual circumstances. Actual payment amounts, rates, and costs may vary. The results provided are not an offer of credit or a commitment to lend and do not reflect all available loan programs. Qualification, interest rates, and payments are subject to change at any time and will vary based on the timing of your application, your credit profile, and individual circumstances. All loans are subject to credit and underwriting approval. Not all products are available in all states or for all amounts.
This calculator is not intended to provide legal, financial, or tax advice. We strongly recommend that you consult with a qualified professional, such as a financial advisor, accountant, or attorney, to discuss your specific financial situation and goals.
This comparison is based on a number of assumptions, including home price and rent appreciation rates, maintenance costs, and investment return rates. These are forward-looking estimates and are not guaranteed. The decision to rent or buy a home involves more than just financial calculations. The calculations may not fully account for the potential tax benefits of homeownership or the tax implications of investment returns. Consult with a tax advisor to understand how these factors may apply to you.
