Calculate your potential cost savings in buying a home, rather than renting over a given period.
| Year | Loan Payments | Loan Payments After Tax Savings | Rent Payment | Value of Home | Remaining Balance | Home Equity |
| 1 | $12,585.84 | $9,448.97 | $9,000 | $164,800 | $148,617.26 | $16,182.74 |
| 2 | $12,585.84 | $9,479.02 | $9,000 | $169,744 | $147,127.19 | $22,616.81 |
| 3 | $12,585.84 | $9,511.42 | $9,000 | $174,836.32 | $145,521.42 | $29,314.9 |
| 4 | $12,585.84 | $9,546.32 | $9,000 | $180,081.41 | $143,791 | $36,290.41 |
| 5 | $12,585.84 | $9,583.94 | $9,000 | $185,483.85 | $141,926.24 | $43,557.61 |
| 6 | $12,585.84 | $9,624.46 | $9,000 | $191,048.37 | $139,916.74 | $51,131.63 |
| 7 | $12,585.84 | $9,668.15 | $9,000 | $196,779.82 | $137,751.21 | $59,028.61 |
| 8 | $12,585.84 | $9,715.22 | $9,000 | $202,683.21 | $135,417.58 | $67,265.63 |
| 9 | $12,585.84 | $9,765.95 | $9,000 | $208,763.71 | $132,902.76 | $75,860.95 |
| 10 | $12,585.84 | $9,820.61 | $9,000 | $215,026.62 | $130,192.75 | $84,833.87 |
| 11 | $12,585.84 | $9,879.52 | $9,000 | $221,477.42 | $127,272.33 | $94,205.09 |
| 12 | $12,585.84 | $9,943 | $9,000 | $228,121.74 | $124,125.19 | $103,996.55 |
| 13 | $12,585.84 | $10,011.42 | $9,000 | $234,965.39 | $120,733.72 | $114,231.67 |
| 14 | $12,585.84 | $10,085.13 | $9,000 | $242,014.35 | $117,078.99 | $124,935.36 |
| 15 | $12,585.84 | $10,164.58 | $9,000 | $249,274.78 | $113,140.52 | $136,134.26 |
| 16 | $12,585.84 | $10,250.19 | $9,000 | $256,753.02 | $108,896.3 | $147,856.72 |
| 17 | $12,585.84 | $10,342.45 | $9,000 | $264,455.61 | $104,322.57 | $160,133.04 |
| 18 | $12,585.84 | $10,441.86 | $9,000 | $272,389.28 | $99,393.8 | $172,995.48 |
| 19 | $12,585.84 | $10,549 | $9,000 | $280,560.96 | $94,082.38 | $186,478.58 |
| 20 | $12,585.84 | $10,664.46 | $9,000 | $288,977.79 | $88,358.61 | $200,619.18 |
| 21 | $12,585.84 | $10,788.88 | $9,000 | $297,647.12 | $82,190.49 | $215,456.63 |
| 22 | $12,585.84 | $10,922.95 | $9,000 | $306,576.53 | $75,543.55 | $231,032.98 |
| 23 | $12,585.84 | $11,067.44 | $9,000 | $315,773.83 | $68,380.57 | $247,393.26 |
| 24 | $12,585.84 | $11,223.14 | $9,000 | $325,247.04 | $60,661.52 | $264,585.52 |
| 25 | $12,585.84 | $11,390.93 | $9,000 | $335,004.45 | $52,343.21 | $282,661.24 |
| 26 | $12,585.84 | $11,571.75 | $9,000 | $345,054.58 | $43,379.13 | $301,675.45 |
| 27 | $12,585.84 | $11,766.6 | $9,000 | $355,406.22 | $33,719.14 | $321,687.08 |
| 28 | $12,585.84 | $11,976.58 | $9,000 | $366,068.41 | $23,309.23 | $342,759.18 |
| 29 | $12,585.84 | $12,202.87 | $9,000 | $377,050.46 | $12,091.15 | $364,959.31 |
| 30 | $12,588.05 | $12,448.92 | $9,000 | $388,361.97 | $0 | $388,359.76 |