The decision process to rent or own a home can be made a little easier with a good rent-or-own calculator.

In the ideal “Rent or Own a House” comparison calculator, you should be able to input the following: an assumed appreciation rate for residential real estate in the area, the cost of maintaining an owned home, rent increases, and potential tax benefits of owning versus renting.

Make sure to use realistic or even pessimistic assumptions on the inputs, because once time has passed there will be no way to fix overly optimistic assumptions.

What should I look for in a good Investment Performance Evaluation calculator?
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