Rent/Budget & Mortgage Calculator
DISCLAIMER: This is not an offer to lend and is offered for education and planning purposes only.
Budget Planner
1 Your Budget
2 Rent vs Buy
Standalone Tools
Mortgage Calculator
Deal Analyzer
Loan Assumption
Your Monthly Budget
Income
$
$
Debt Payments
$
$
$
$
Transportation
$
$
Insurance
$
$
Living Expenses
$
$
$
$
$
Savings Goals
$
$
Renting Costs
$
$
$
%
Home Buying Costs
$
$
%
$
$
$
%
$
Mortgage Calculator
$
$
%
$
$
$
%
Deal Analyzer
Rental Income
$
Monthly Expenses
$
$
$
$
Loan Assumption Calculator
Seller's Existing Loan
$
$
%
yrs
Covering the Equity Gap
$
%
yrs
New Loan Comparison
%
Your Complete Financial Picture
💵 Monthly Cash Flow Comparison
If You Rent
+$0
Monthly Cash Flow
Housing-to-Income Ratio
0%
0%
28% ideal
50%
Total Income
$0
Housing Cost
$0
Other Expenses
$0
$0/mo difference
If You Buy
+$0
Monthly Cash Flow
Housing-to-Income Ratio
0%
0%
28% ideal
50%
Total Income
$0
Housing Cost
$0
Other Expenses
$0
Monthly Rent Cost
$0
VS
Monthly Mortgage Cost
$0
Break-Even Point
-- years
This is when the net cost of buying becomes less than renting.
Cost Comparison Over Time
| Time Period | Total Rent Cost | Total Mortgage Cost | Equity Built | Net Mortgage Cost | Better Option |
|---|
📋 Calculation Transparency
- No assumed down payment: We use exactly what you enter—$0 or any amount.
- PMI calculated automatically: If down payment is less than 20%, PMI of 0.75% annually is included.
- 28% housing guideline: Financial experts recommend spending no more than 28% of gross income on housing.
- Cash flow = Income - Housing - Other Expenses: Shows what's left after all bills.