financial calculators list

Online Financial Calculators & Amortization

These financial calculators have been updated. Please visit our updated selection at tcalc.timevalue.com. This page will automatically refresh after 5 seconds for your convenience. If you have questions or concerns regarding these calculators, please call us at 800.426.4741. Alternatively, email us at info@timevalue.com.

Calculator disclaimer

The information provided by these calculators is for illustrative purposes only. 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. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.

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TCalc™ Rent Vs. Buy Calculator

This calculator will compare the cost of renting vs. the cost of buying a home. This calculator will compare the tax, fees, and interest you will pay when buying a home to the monthly rent you pay when renting. It does not include payments made against the principal on your loan, since those payments become equity in your home.

Monthly Rent: $
Home cost: $
Points and Fees: $
Association Dues: $
Additional Monthly Fees: $
Property Tax: %
Income Tax: %
Interest Rate: %

Rent
Monthly Rent: $ 1,200.00
Buy
Property Tax: $ 150.00
Interest (after income tax deduction): $ 711.00
Association Dues: $ 150.00
Other Costs: $ 100.00
Total: $ 1,111.00
For these inputs, you will save $89.00 each month. Because the cost of the loan itself is $1,000.00, it will take you 12 months to break even if you buy this home.

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