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Local news for Cleveland, TN continually updated from thousands of sources on the web.
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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
How much will I spend on maintenance expenses? | Print |
Providing valuable resources for our Real Estate Buyers and Sellers is our top priority.


Experts generally agree that you can plan on annually spend 1 percent of the purchase price of your house on repairing gutters, caulking windows, sealing your driveway and the myriad other maintenance chores that come with the privilege of homeownership. Newer homes will cost less to maintain than older homes. It also depends on how well the house has been maintained over the years.
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Last Updated ( Wednesday, 15 November 2006 )
 
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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

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