Rent vs Buy Calculator gives Home Buyers an economic breakdown of buying a home in the current Los Angeles and Orange County Real Estate Market.

Monthly rent
Monthly renter’s insurance
Yearly rent increase (decrease)
Purchase price
Appreciation (Depreciation) rate
Your savings rate
Your state + federal tax rate
Years before sell/pay off loan
Loan amount
Term (years)
Interest rate
Origination Charge
Charge For Specific Interest Rate
Other settlement services
Yearly property tax
Yearly maintenance
Yearly property insurance
Selling costs (% of selling price)
Owning will save you $11,980 compared to renting over the 7 years, in today’s dollars.
Regarding ownership for the 7 years
Total tax savings
Total maintenance
Selling price
Selling costs
Total payments
Owning Renting
Principal and interest
$549 N/A
Taxes and insurance
$200 N/A
Mortgage insurance
$90 N/A


Total initial payment

There has never been a better time to buy a home in Los Angeles with interest rates at an all time low, making this an opportunity of a life time to lock in a 30 year fixed rate loan. Home affordability levels display that in fact it is cheaper to buy a home versus Renting now in certain parts of the country. Los Angeles homes for Sale are affordable in most parts of the county mainly because home values were negatively impacted on a large scale and drove thousands of home owners in to foreclosure and short sales. Now renting is in high demand because many families were uprooted and must now rent, driving demand up!

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Click here to view Whittier homes for sale under 200,000.