Saline County Real Estate

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Mortgage Calculator

The Real Cost of Renting

Based on a 6% Rental Increase Each Year, If You Now Pay…

	$600 per Month	$700 per Month	$800 per Month	$900 per Month	$1,000 per Month	$1,200 per Month	$1,400 per Month	$1,600 per Month
This year	$7,200	$8,400	$9,600	$10,800	$12,000	$14,400	$16,800	$19,200
Next year	$7,632	$8,904	$10,176	$11,448	$12,720	$15,264	$17,808	$20,352
3^rd year	$8,090	$9,438	$10,787	$12,135	$13,483	$16,180	$18,876	$21,573
4^th year	$8,575	$10,005	$11,434	$12,863	$14,292	$17,151	$20,009	$22,868
5^th year	$9,090	$10,605	$12,120	$13,635	$15,150	$18,180	$21,210	$24,240
6^th year	$9,635	$11,241	$12,847	$14,453	$16,059	$19,270	$22,482	$25,694
7^th year	$10,213	$11,916	$13,618	$15,320	$17,022	$20,427	$23,831	$27,236
8^th year	$10,826	$12,631	$14,435	$16,239	$18,044	$21,652	$25,261	$28,870
9^th year	$11,476	$13,389	$15,301	$17,214	$19,126	$22,951	$26,777	$30,602
10^th year	$12,164	$14,192	$16,219	$18,246	$20,274	$24,328	$28,383	$32,438
TOTAL	$94,901	$110,721	$126,537	$142,353	$158,170	$189,803	$221,437	$253,073

Think about the home you could have purchased using that money.

Not to mention the potential annual tax deduction for mortgage interest paid!

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