Cost of Rent Over The Years

One More Item to Consider. . .


 
 
 
 
 
 
 
How much are you paying on your landlord's mortgage?
 
 
 
 
 
 
 
Monthly Rent
Year 1
Year 3
Year 5
Year 10
Year 15
Year 20
 $     500
6000
18000
30000
60000
90000
120000
 $     600
7200
21600
36000
72000
108000
144000
 $     700
8400
25200
42000
84000
126000
168000
 $     800
9600
28800
48000
96000
144000
192000
$     900
10800
32400
54000
108000
162000
216000
 $   1,000
12000
36000
60000
120000
180000
240000
 $   1,100
13200
39600
66000
132000
198000
264000
 $   1,200
14400
43200
72000
144000
216000
288000
 
Should you rent? Should you buy?