: Accounts for opportunity cost (what you'd earn by investing your down payment), the 2017 mortgage interest deduction cap, and localized appreciation.
: Automatically provides national averages for insurance and property taxes if you don't have exact figures.
: Widely considered the gold standard due to its comprehensive inclusion of "unrecoverable costs". rent or buy home calculator
Are you looking to compare a or just looking for a general breakdown of your local market's costs?
: Best for those focusing on tax implications. Pros : Calculates taxes at federal, state, and local levels. : Accounts for opportunity cost (what you'd earn
: Highly reviewed for its user-friendly interface and frequently updated economic forecasts.
: Generally favors renting and investing the difference. Common Criticism of Calculators Are you looking to compare a or just
: A quick rule of thumb used by analysts: 15 or less : Generally favors buying.