WAINWRIGHT BANK & TRUST COMPANY
 
Rent vs. Buy Calculator
If you are currently renting, use this calculator as a tool to see if now is a good time for you to purchase a home.
 
Current rent payment $
Estimated annual rent increase %
New home purchase price $
Down payment amount $
Interest rate %
Loan term years
Estimated annual property taxes $
Estimated annual repairs / maintenance $
Estimated inflation rate %
Estimated investment return %
Estimated income tax rate
(Federal State)
%
Years of comparison years
 

1-4 family owner occupied residences only; property insurance required; flood insurance may be required. APR calculated on 80% loan to value for a $100,000 loan. Prepayment penalty may apply. The payment can adjust after the initial fixed period on adjustable rate loans.
Please note: Our lending area for loans and mortgages is primarily Eastern Massachusetts.
Rates include automatic deduction of your monthly payment from a Wainwright Bank checking account. The rates listed above are for direct lending only; rates may vary for third party originators or brokers.

Rates, Terms and Fees subject to change without notice.
 

Wainwright Bank & Trust Company, 63 Franklin Street, Boston, MA 02110-1301
617-478-4000 or 1-888-428-BANK

Equal Housing Lender
Equal Housing Lender

The SUM Program is administered by and a registered service mark of the NYCE Corporation.