Excel Model: Renting vs Buying Calculator
Title: 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.
Source: Custom Calculator
Click the following icon to open the full workbook viewer in a new tab, allowing you to easily edit and save.
Click the following icon to download the spreadsheet, allowing you to save the file on your computer along with edits.
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