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Rent vs. Buy Calculator

Step 1
Visit the mortgage calculator page to compute your total payment for the loan.

Step 2

Put Inputs Here

Current monthly payments: 
Total payment (from mortgage calc.): 
Years in home: 

Results

You will pay out this total in rent payments over the number of years you indicated above.
You will pay out this total in mortgage payments (less tax savings) over the number of years you indicated above.

Don't forget the following things:
• The current average of time in a home is approximately seven years.
• You should enter the total payment obtained from the mortgage calculator page.
• Your current monthly payments should be your current rent, or if you don't currently pay rent, it should be the proposed rent.
• The results may not include additional tax savings. Please consult a financial advisor for a more specific determination.

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Contact Our Locations

Owensboro, KY 270-685-9050

Henderson, KY 270-827-2996

Lisa Bourland, Broker/Owner
270-685-9050

Scott Comer, Owner
270-577-6778

Security Plan

ERA Sellers Security® Plan: "We Will Sell Your House, Or ERA Will Buy It!"® Legal Disclaimer: Conditions apply, house must meet specific qualifications, and purchase price will be determined solely by ERA Franchise Systems, Inc. Additionally a second home must be purchased through a broker designated by ERA Franchise Systems, Inc. Call your local participating ERA® Professional to review details.