Buy vs Lease Calculator

Buy Vs Lease Calculator!

The biggest expense most people have is the place they live, one of the biggest decisions young people face is whether to buy their home, or continue to rent. Conventional wisdom says that buying will pay off in the long term, but believe it or not this is not always the case!

If you have used our Car Loan Calculator to see what kind of loan you can afford with your budget, you can use the same numbers you ended with there to get a great idea of where your personal cut-off would be between whether to Buy or Lease!

Once you know what kind of home you are getting, and how much you would have to pay a month, check out our Home Budget Calculator to build a budget around your expenses, and determine how much you are able to save every month!

Make sure you click the VIEW REPORT button below!

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Take The Quiz!

[qsm quiz=8]

4 responses to “Buy vs Lease Calculator”

  1. […] you have already used our Buy Vs Lease Calculator to see how much your home payments will be, use this value to build a budget around the expenses […]

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  3. […] this website: We make it interactive! Have your students use our Buy Vs Lease Calculator, and answer the quiz at the end to see the tipping point between buying and renting in different […]

  4. […] This Simulator: You can use our Buy Vs Lease Calculator to get amortization schedules for annual or monthly mortgage payments, and see the break-even […]