Excel Model: Renting vs Buying Calculator

 Description:

This spreadsheet is designed to help individuals compare the financial implications of renting versus buying a home. It includes sections for assumptions and summary, monthly mortgage calculation, and instructions.

• Assumptions and Summary: Enter key assumptions like rent, home price, interest rate, and expected appreciation to calculate the total cost of renting versus buying over a specified period.
• Monthly Mortgage Calculation: Provides a detailed breakdown of the mortgage payment, including principal, interest, taxes, and insurance.
• Instructions: Offers guidance on how to use the template, edit content, and adjust formulas.