Rent vs Buy Calculator

Rent vs Buy Calculator Free App

Rated 4.00/5 (20) —  Free Android application by Project VK LLC.

About Rent vs Buy Calculator

This easy to use and ADVERTISEMENT FREE calculator helps you compare the cost of buying vs. renting your home!

Owning your home is a dream come true for most of us. However, there are a number of costs involved in buying your own place – some costs are easily visible e.g. mortgage payment, property taxes, Insurance etc., while other costs are not so easily visible at the time of purchase e.g. 4%-6% realtor fee to sell the home. Depending on individual’s situation these costs can be significant (especially if you are planning to live in the home for only a few years).

This calculator helps you compare the cost of buying vs. renting your home. It takes into account the cost of buying a home, property value appreciation, tax break etc. vs. simply renting a place to live.

Key Features:

Compare the cost of buying vs. renting a home

Home-ownership costs included:
· Interest portion of mortgage payments (calculated based on loan amount and interest rates)
· Closing costs
· Condo, association or other monthly fees
· Property taxes
· Homeowners insurance
· Realtor fee to sell the home
· Foregone income on the down-payment (calculated based on home value and loan amount)

Home-ownership benefits:
· Tax break on interest and property taxes (calculated based on your tax bracket)
· Home value appreciation

Renting costs:
· Rental payments
· Rent increase
· Rental insurance

Other inputs:
· Length of stay in the home/apartment

Advertisement Free

Updates:
Improved label descriptions and help.

How to Download / Install

Download and install Rent vs Buy Calculator version 4 on your Android device!
Downloaded 1,000+ times, content rating: Not rated
Android package: com.projectvk.android.rentvsbuycalculator, download Rent vs Buy Calculator.apk

All Application Badges

Free
downl.
Android
1.6+
n/a
Not
rated
Android app

App History & Updates

More downloads  Rent vs Buy Calculator reached 1 000 - 5 000 downloads
More downloads  Rent vs Buy Calculator reached 500 - 1 000 downloads

What are users saying about Rent vs Buy Calculator

M70%
by M####:

The application is easy to use and covers all the information needs to compare before buying the home. There are number of costs involved in buying a home - the application covers almost all of them which are not even visible or ignored.

M70%
by M####:

For what it is, is sure uses a lot of resources. That's why it's getting a 1 star.

W70%
by W####:

It helps to compare the cost of buying vs. Renting home. Number of costs are involved in this app so that we can make a best choice and our dreams become successful.

S70%
by S####:

great app no doubt. it works really good, make me more careful to my family and their future. an app can change our mind.

S70%
by S####:

Everyone dreams to have a home in their own. To make a good decision in buying home, this app is very useful.

S70%
by S####:

It makes my work easier. It helps to make a best decision to buy a home.

A70%
by A####:

One can easily be ensured how much it will cost to buy and rent a home. Really superb!!

S70%
by S####:

Very good app. everyone should have downloaded this.

Z70%
by Z####:

This helps to be more sensetive and careful to waste money. good app.

B70%
by B####:

especially for those tho want to posses a nice house in a good price. It offers all the necessary information to rent and buy a house.

S70%
by S####:

Rent vs. buying calculator is a great app through which we can get information to rent and buy home according to our choice...i got benefited using this app!!

S70%
by S####:

very helpful application with easy and handy module. Long time I was searching for this type of something. Thanks a lot.

I70%
by I####:

Depending on the loan amount and interest rates , it informs us about the interest portion of mortgage payments, property taxes etc....i just fall in love.....

H70%
by H####:

Its an important app for everyone living in america. It will change everyone's mind. good effort.

S70%
by S####:

I like this thing, i used and still using and I got helped by this.

S70%
by S####:

One of my favorite app!!

X70%
by X####:

undoubtedly a helpful application. easy to use. thanks a lot..

E70%
by E####:

Wont share all my personal infos and banking like this for fun

K70%
by K####:

Good summary information

L70%
by L####:

The application is easy to use and covers all the information needs to compare before buying the home. There are number of costs involved in buying a home - the application covers almost all of them which are not even visible or ignored.

K70%
by K####:

Rent vs Buy calculator is quick as well as assist in decision making. Its quite easy to operate. Calculations are available within no time. And its available on Nexus 4 too.

J70%
by J####:

Fit for purpose. Some improvement in labels and use of screen will add to bits appeal.

H70%
by H####:

Excellent. Simple yet very useful app.

K70%
by K####:

Why a simple app like this would require lots of privileges: location, phone, network (all very scary) one can only imagine. Furthermore; the app begins with many, many pages of license agreement, extremely unfriendly (far too much for anyone to actually read, again, creepy, if not also very scary). I infer from the following quote that the authors don’t speak English as their first language: “Homeownership is American dream!” The programmer does not know how to compose his text labels in android xml RelativeLayout so as not to have them chopped-off at the bottom. The app makes no use of an action bar; you only get two buttons, then one pop-up fragment. They get a zero for effort. The app does not offer to calculate closing costs; asks only for loan amount, not down-payment (could they be more lazy?) Absolutely no explanations are offered for any of the values requested, or of the results returned. Inputs such as "tax bracket" are requested, but there is no evidence that it is actually used–no work is shown. Beside the whole lack-of-trust factor, overall, it is spectacularly sparse to the point of being entirely useless. Spend some dollars, and get something real.


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Rating Distribution

RATING
4.05
20 users

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