Rent vs. Buy

Should you rent or should you buy your home? It takes more than looking at your mortgage payment to answer this question. This calculator helps you weed through the fees, taxes and monthly payments to help you make a decision between these two options. This report is based on the original purchase price, fees and taxes payable at that time. Insurance and tax costs can fluctuate from year to year. Click the 'View Report' button for a detailed look at the results.

These calculators are provided by one or more third party service providers. Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. The bank cannot and does not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes only. Use of these calculators does not constitute an application for, commitment to extend, or approval of, a request for credit. The calculated results are in no way endorsed, offered, or guaranteed by the bank, our subsidiaries or affiliates. These calculators do not offer tax, legal, or financial advice. We encourage you to seek personalized advice from qualified professionals regarding all personal financial issues.