NE Moves MORTGAGE CORPORATION
Buy vs. Rent Comparison Worksheet

Cost of Rental Housing
Monthly Rental Payment
Total Annual Rental Payments
Cost of Home Purchase
Sale Price
% to be Financed	%
Amount to be Financed
Fixed-Rate Financing:
Term of Loan (Yrs.)
Interest Rate	%
Monthly Payment
Annual Cost of Loan
Other Costs of Homeownership:
Annual Property Taxes
Annual Insurance Premium
Annual Homeowners Assn. Fees
Est. Maintenance & Repairs (10%)
Total of Other Costs
Est. 1st-Year Interest Paid on Mortgage*
Homeowner's Effective Tax Rate	%
LESS: Est. Tax Reduction for Interest Paid*
LESS: Appreciation in Property Value (est. 2.0%)
Net First-Year Cost of Homeownership
Net Savings/(Expense) from Home Purchasing
* Tax calculations and interest payments are only rough estimates. * Please be advised that NE Moves Mortgage and it's employees are not tax specialists. Please seek the advice of a licensed tax professional for answers on the tax benefits of home ownership. For Mortgage Information Contact Ed Mitchell Address: 1130 Main Street Tewksbury, MA 01876 Phone: (800) 793-5626 Email: Ed.MItchell@nemoves.com Click Here to Visit Website Marketed Exclusively By: For Sales Information Contact Jane Lane, Sales Director 781-938-0923 jane.lane@nemoves.com