Tools & Resources

Estate

The total of property, possessions, and debt owned at the time of death.

Estimated Gross Costs of Buying

The total amount of principal and interest payments over the number of years that you plan to own your home.

Estimated Increase in Equity

A property's estimated increase in value, determined by applying an estimated rate of appreciation for a specific number of years.

Estimated Net Costs of Buying

The estimated gross costs of buying a home minus estimated tax savings and estimated increase in equity.

Estimated Tax Savings

The estimated amount of property tax and loan interest saved by renting instead of buying a home.