MSC Fixed Rate Mortgage Calculator

Rent vs Own

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.

*The calculator is for illustrative purposes only and does not reflect real estate taxes, hazard insurance, mortgage insurance or special assessments. Actual payment will vary based on factors such as points, loan amount, loan-to-value, borrower’s credit, property type and occupancy. Loan programs are based on owner occupied and full documentation. Minimum credit score required. Not a commitment to lend.