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Rent vs. Buy Calculator
If you are currently renting, use this calculator as a tool to see if now is a good time for you to purchase a home.
 
Current rent payment $
Estimated annual rent increase %
New home purchase price $
Down payment amount $
Interest rate %
Loan term years
Estimated annual property taxes $
Estimated annual repairs / maintenance $
Estimated inflation rate %
Estimated investment return %
Estimated income tax rate
(Federal State)
%
Years of comparison years
 

The financial information or estimates provided by our Mortgage Calculators is for your convenience, and their accuracy is not guaranteed by The Provident Bank or its affiliates. These calculators are offered for informational and/or educational purposes only, and are not meant to provide any form of legal, tax or other financial advice, nor are they to be considered in any way an indicator of credit worthiness or credit approval. The Provident Bank encourages all interested parties to discuss their individual financial circumstances with the appropriate professional advisor.


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