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RE Financial Independence

30-Year Wealth Calculator

Property Details

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3.5% (FHA)10%20% (No PMI)30%

๐Ÿ“Œ PMI applies (LTV 85.0% > 80%)

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Rent vs. Buy Baseline Configuration

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Down Payment

$27,750

Closing Costs

$8,000

Loan Amount

$157,250

Cost Preview

Principal & Interest$918
Property Tax$404
HOA$350
Insurance$40
PMI$39
Utilities$150
Total / Month$1,901
vs. Available-$843

Property Grade

F

3.7/10

Poor investment โ€” renting may be better