• A Division of CMG MORTGAGE Inc. NMLS #1820
Rent vs. Buy
Keep renting or time to buy? Compare costs with our free mortgage calculator and find out how much you could save by buying a home this year.

COMPARABLE RENT
Monthly Rent
$


Renters Insurance (Monthly)
$
HOME PURCHASE
Home Purchase Price
$


Down Payment
$


Property Tax (Yearly)
$


Home Owners Insurance (Yearly)
$


NEW LOAN INFO
Term (Years)


Interest Rate (%)


Estimated Settlement Costs
$


ASSUMPTIONS
Home Appreciation Rate


Expected Years in Home


Selling Costs (Percent of Sales Price)


State + Federal Tax rate



Disclaimer:Depending on the loan program, if your down payment is less than 20% you may have mortgage insurance. You may qualify for a full range loan programs with down payment options as low as 0% for qualified veterans or qualifying properties. Contact your loan representative to confirm which program is best for you. These calculators are only meant to estimate results based on the information you enter. They do not take into account all factors that you should consider when choosing a mortgage, nor can we guarantee that the terms you enter reflect terms actually offered.
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HOME PURCHASE

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© 2016 Diversified Mortgage Group, All Rights Reserved. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act #4150025. Equal Housing Lender. Offers of Credit subject to Credit Approval. Pleasanton Branch ID#508121. Fremont Branch ID#508123. To verify our state license, please log onto the following website: www.nmlsconsumeraccess.org. This website is not intended to serve as a business solicitation for residents in the following states: Massachusetts and New York.