University Commons > Gainesville, Florida > Located Minutes From University of Florida Campus

This calculator will help you to compare the costs of renting to the costs of buying a condo at University Commons Condos. There are a variety of things to consider (e.g. interest, property taxes, tax savings, appreciation, opportunity costs, closing costs, selling costs, etc.). Comparing the cost of renting to the cost of buying is a lot more complicated than just comparing the monthly mortgage payment to the monthly rent payment. This calculator attempts to provide you with the appropriate analysis tools to assist you in making an informed decision.

For your convience, all values have been defaulted to a 4 Bedroom, 2 Bath Condo with owner occupancy. Please feel free to change these values as needed.

If you have any questions, please Contact Us.

Monthly rent ($):
Monthly rental insurance ($):
Expected annual inflation rate (%):
Purchase price of condo ($):
Down payment amount ($):
Length of mortgage term (# of years):
Mortgage's annual interest rate (%):
Discount points on purchase of home (%): NA
Origination fees (%):
Other loan costs ($):
Mortgage Insurance (PMI %): NA
Homeowner's insurance rate (%):
Monthly association dues ($):
Average monthly maintenance ($):
Annual property tax ($):
State plus Federal income tax rate (%):
Interest rate you expect to earn on savings (%):
Expected percentage your condo will appreciate by each year (%):
Number of years you will stay at this property:
Realtor commission rate (%):
Monthly rental income ($):

Total estimated cost of renting:
Total estimated cost of buying:

Rent Vs. Buy Calculator