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Our loan officers are ready to serve you NOW!

At Preferred Mortgage, Inc., we represent excellence as we work to find the loan you want so that you can achieve your goals and live your dreams.

CALL TODAY!      (618) 463-5700   

Rent vs. Own Calculator

To estimate the benefits of owning a home as opposed to renting, fill in the form below and click the Calculate button.

Rent Information:
Monthly Rent $
Expected Annual Rent Increase     %
Purchase Information:  
Purchase Price $
Down Payment %     %
Interest Rate     %
Term (years)      years
Closing Costs (as % of loan amount)     %
Home Ownership Information:
Annual Appreciation on Home (%)     %
How Long Before Selling?      years
Other Financial Information:
Annual Interest Rate Currently Earned on Down Payment     %
Income Tax Rate     %