Scribd Logo
Upload

Welcome to Scribd!

  • 30 views

    Buy vs. Rent Comparison Worksheet: Costs of Rental Housing

    Uploaded by

    nitin gupta
    This document is a worksheet to compare the costs of renting housing versus purchasing a home. It includes fields to enter information about monthly rental payments, the home purchase price and amount financed, interest rate and term of the loan, annual costs such as property taxes and insurance, estimated maintenance and repairs, interest paid on the mortgage, and potential property value appreciation in order to calculate the net first-year cost of homeownership versus renting.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd

    Buy vs. Rent Comparison Worksheet: Costs of Rental Housing

    Uploaded by

    nitin gupta
    30 views1 page
    This document is a worksheet to compare the costs of renting housing versus purchasing a home. It includes fields to enter information about monthly rental payments, the home purchase price and amount financed, interest rate and term of the loan, annual costs such as property taxes and insurance, estimated maintenance and repairs, interest paid on the mortgage, and potential property value appreciation in order to calculate the net first-year cost of homeownership versus renting.

    Original Description:

    re

    Original Title

    Dehradun Expenses

    Copyright

    © © All Rights Reserved

    Available Formats

    XLS, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document is a worksheet to compare the costs of renting housing versus purchasing a home. It includes fields to enter information about monthly rental payments, the home purchase price and amount financed, interest rate and term of the loan, annual costs such as property taxes and insurance, estimated maintenance and repairs, interest paid on the mortgage, and potential property value appreciation in order to calculate the net first-year cost of homeownership versus renting.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    30 views1 page

    Buy vs. Rent Comparison Worksheet: Costs of Rental Housing

    Uploaded by

    nitin gupta
    This document is a worksheet to compare the costs of renting housing versus purchasing a home. It includes fields to enter information about monthly rental payments, the home purchase price and amount financed, interest rate and term of the loan, annual costs such as property taxes and insurance, estimated maintenance and repairs, interest paid on the mortgage, and potential property value appreciation in order to calculate the net first-year cost of homeownership versus renting.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    You are on page 1of 1

    Buy vs.

    Rent Comparison Worksheet


    Fill in boxed areas only; shaded cells are automatically calculated.

    Costs of Rental Housing

    Monthly Rental Payment


    Total Annual Rental Payments $0.00

    Costs of a Home Purchase

    Sale Price
    % to be Financed %
    Amount to be Financed $0.00
    Fixed-Rate Financing:
    Term of Loan (Yrs.)
    Interest Rate %
    Monthly Payment $0.00
    Annual Cost of Loan $0.00
    Other Costs of Homeownership:
    Annual Property Taxes
    Annual Insurance Premium
    Annual Homeowners Assn. Fees
    Est. Maintenance & Repairs (10%) $0.00
    Total of Other Costs $0.00

    Est. 1st-Year Interest Paid on Mortgage* $0.00


    Homeowner's Effective Tax Rate %
    LESS: Est. Tax Reduction for Interest Paid* $0.00

    LESS: Appreciation in Property Value (est. 2.0%) $0.00

    Net First-Year Cost of Homeownership $0.00

    Net Savings/(Expense) from Home Purchasing $0.00

    * Tax calculations and interest payments are only rough estimates.


    A lending institution and the IRS should be consulted for more
    reliable figures, rates, and amortization calculations.

    You might also like