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  Scott  Rheinhart
Wintrust Mortgage
601 Carlson Parkway
Suite 1550
Minnetonka
MN
55305
612-281-9990
srheinhart@wintrustmortgage.com
scott.rheinhart@gmail.com
 

The True Cost of Renting vs. Owning
Renting
 
 
Monthly Rent
Monthly Renter's Insurance
 
Owning
 
 
Home Price
Down Payment
Loan Term
 
Annual R.E. Taxes
Homeowner's Insurance
Annual Maintenance
Monthly MI/PMI Factor
Monthly Condo/Coop/HOA
Loan Amount =
Interest Rate

 
Total Monthly =
 
Total Monthly =
Less the following typical benefits of owning
Principal Paid
Tax Savings @
=
Appreciation @
=
 
True Cost =
 
True Cost =


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This information does not constitute an application nor a Good Faith Estimate. Every effort has been made to assure the accuracy of the information and mathematical calculations provided by these calculators however, the provider, makes no guarantee and maintains no liability for use of or reliance upon the results. These calculations represent "what if" scenarios, are educational in nature and where projections are illustrated, they are not intended to predict future performance of the markets and/or specific properties.
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