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340 MacMillan Road
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363 COTTONWOOD BEND
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Wayne Sherlin
Realty Executives of Cleveland
4245 N. Ocoee St, Ste 1
Cleveland, TN, 37312
Office: 423-614-7656
Cell: 423-618-0056
Fax: 423-614-7650
Lic. #: 00248702
Cleveland Tennessee Homes and Real Estate

 
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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