Buy vs. Rent Calculator

See the Full Picture at Somerville Cottages

Select a floor plan, enter your details, and compare the monthly cost of buying at Somerville Cottages versus continuing to rent.
Your Equity After 10 Years
$—
Through appreciation and principal paydown, this shows the equity you could build over time while rent continues to rise.
Your Details
= $10,950 down
We’ll show 5% annual rent increases vs. your fixed mortgage.
Hamilton County avg ~0.75%
Monthly Comparison
Buy
Monthly Total
$—
P&I + tax + insurance + HOA
Rent
Today
$—
Your current monthly rent
Monthly Difference
$—
Compare today’s monthly cost of buying vs. renting.
10-Year Projection
Yr Home Value Your Equity Rent / Mo Equity − Rent Paid
* Assumes 2% annual home appreciation and 5% annual rent increases. For illustrative purposes only and not financial advice.