Donna HembergerSr. FHA DE Underwriter
"Let Donna get you home!"
A veteran of the mortgage industry with more than 3 decades of experience, Donna was the superb choice to spearhead our FHA DE program at FM Home Loans.
Direct: (718) 377-7900 x 527
Fax: (718) 879-1315
FM HOME LOANS - MIDWOOD CORPORATE OFFICE
2329 Nostrand Avenue, 3rd Floor
Brooklyn, NY 11210
Rent Vs. Own
Compare the estimated costs of buying vs. renting a home.
|Home Purchase Price:|
|Mortgage Interest Rate:|
|Should you rent or own?|
|Average monthly payment increase if owning:|
|Estimated total gain over 7 years if owning:|
|Initial Rent Payment|
|PMI (Mortgage Insurance)|
|Before Tax Monthly Payment|
|Annual Home Maintenance|
|Total Payments Over 7 Years|
|Total Tax Savings Over 7 Years|
|Average After Tax Monthly Payment|
|Estimated Home Selling Price|
|Estimated Cost to Sell|
|Down Payment & Initial Closing Costs With Unearned Interest|
|Investment Gain of Owning vs. Renting|
|Total Payment Savings of Owning vs. Renting|
|Total Payment Savings of Renting vs. Owning|
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.