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Tax Benefits Calculator for Renters

Estimate the tax benefits of buying a home versus renting.


Home value:
Loan amount:
Interest rate (%):
Points:
Loan term (# of years):
Month of Purchase:
Filing status:
Tax rate:
State tax rate (%):
Real estate taxes:
Medical & dental:
Gifts & charity:
Thefts & losses:
Job expenses:
Mortgage payment:
Loan points:
Interest paid:
Standard deduction:
Interest & points:
Real estate taxes:
Other deductions:
Itemized deductions:
Additional:
Tax benefit:
After tax payment:

This calculator and others on this site are provided without warranty regarding their accuracy or applicability to your individual circumstance. They are for your personal use and are not intended to replace professional financial advice.