What are the financial advantages to renting as compared to owning?
This tool will compare the cost and savings of renting as compared to owning.
The tool will determine your tax savings (based on the homeowner interest tax deduction).
To use this calculator:
1. Enter your monthly rent.
2. Enter “0” for down payment.
3. Enter your interest rate. For VA rate info click here.
4. Enter $0 for closing costs if you expect the seller to pay.
All other fields can be edited but should remain the same if you do not know what information to enter.
