• Mobile: 416-671-5246
  • Office: 416-289-3000
  • Fax: 416-289-3008
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Jag Patel

Broker
HomeLife/ Miracle Realty LTD, Brokerage Independently owned and operated. 22 Slan Ave. Scarborough Toronto , Scarborough, Ontario M1B 3B2 Cell: 416-671-5246Office: 416-289-3000Fax: 416-289-3008

Rent vs Buy

If Buying

$
$
years
%
%
$
$
$
$
%
years
%
%

If Renting

$
$
%
Result:
Rent Vs. Buying Comparison If Buying If Renting
Monthly Payment $0 $0
Insurance / Taxes /Maintenance $0 $0
Total Monthly Payment $0 $0
Total Mortgage (+TMI) / Rent Payments Over 5 Years $0 $0
Total Mortgage Principal Paid Over 5 Years $0  
Long Term Benefits of Home Ownership
Home Value at Expected Selling Date $0
Less Down Payment $0
Less Loan Balance $0
Less Buying & Selling Costs $0
Total Home Gain $0