Mortgage Calculator: Should I Rent Or Buy?

This calculator tool is intended only for general information and educational purposes. This is a general loan calculator and therefore, it cannot take into consideration circumstances and terms unique to each applicant and loan. The calculator is not designed to provide estimated monthly payments for all loan types. The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. Credit and collateral subject to approval.