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Mortgage Calculators >
Rent vs. Own
Compare the estimated costs of buying vs. renting a home.

* Monthly Rent: $
* Annual Rent Increase: %
* Monthly Renter's Insurance: $
* Home Purchase Price: $
* Down Payment: $
* Mortgage Interest Rate:    %
* Estimated Home Purchase Costs: %
* Property Tax Rate: %
* Annual Home Maintenance: %
* How Long Before Selling? Years
* Annual Home Appreciation: %
* Selling Costs: %
* Interest Earned on Down Payment: %
* Your Income Tax Rate: %

 
* = Required

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The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.
Copyright © 2018 Midland States Bank. NMLS #411141. Equal Housing Lender.Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates and terms are subject to change without notice.
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