Rent v/s Buy
If you are currently renting, calculate how much would it cost to own your own home. Compare if it is better for you to buy a new home or rent.
Many times you are over paying on your rent and you do not realize it. The calulator on the right is designed to let you know what your mortgage is going to be if you are trying to get a loan. There are many more calculators available on the internet. Check them out on the internet by clicking on the links on the far right and far bottom.
Enter the loan amount for the new home.
Mortgages are usually for 30 years.
Check with your bank what the current interest rates are.
Get the current taxes assessed on the home by your local county
Check with an insurance company, what the insurance would be on the home you are looking to buy.
Enter all the details in the box on your left and hit "Calculate". The monthly payment indicates what your payments would look like. Compare it with the current rent you are paying and see if it makes sense for you to own v/s rent. | 
