This calculator was designed to give prospective homebuyers the ability to compare the lifetime costs of a new house, resale house, and renting an equivalent house.
Default costs and assumptions, updated regularly, are provided based on current market data. However, you will have the ability to enter your own costs to see how they affect the final result.
Please note that the numbers provided are for educational purposes only and should not be taken as financial advice.
How It Works
The calculator on the next page lists out major assumptions along with initial purchase costs, ongoing costs, renovation costs, and selling costs.
By clicking the blue Edit buttons, you will be able to alter the numbers as you see fit. If you have any questions or suggestions, feel free to contact our President & Ceo, Stu Niebergall, at firstname.lastname@example.org.