John Mazzara
RE/MAX Results

Rent vs. Own

Purchase Price
Annual Appreciation
Annual Maintenance

Loan Terms
Down Payment
Interest Rate
Term (Years)

Taxes and Insurance
Tax Rate
Insurance Rate

Buyer's Tax Bracket
State Tax Bracket

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Rent vs. Own

This shows a buyer the advantages of tax savings, appreciation, and principal reduction to lower the cost of owning a home.

It is suggested that both the buyer and agent agree upon a conservative, realistic estimated appreciation. Tax savings are based on the buyer's marginal tax bracket given to the agent.

Since maintenance would be handled by the landlord if the buyer were renting, an estimate of what might be reasonable maintenance is used.

This is not an offer of credit but is a general illustration of typical mortgage terms and concepts. Susan Anthony and Stars & Stripes Realty are not mortgage lenders. You should contact a specific lender to learn more about its mortgage products and your eligibility for such products. License: