Two minutes, seven questions. You get the real monthly cost of owning a home, side by side with renting, and what each one leaves you with after a few years.
A rough number is fine. You can change everything later.
Percent of the price. 20 percent avoids mortgage insurance, but plenty of buyers close with 10 or less.
Use the rate a lender quoted you, or leave the estimate. Half a point changes the answer a lot, so come back and play with it.
Per month, today. If you rent now, use your rent.
This is the number that decides most rent vs own answers. Selling costs need a few years to be absorbed.
Only used to estimate your mortgage interest and property tax deductions, federal plus California. Nothing is stored unless you ask for the report.
Your mortgage payment is not your cost. Part of it comes back as equity, part comes back at tax time, and the rest is gone, like rent. This splits it apart.
Every mortgage payment pays down the loan a little. That money is still yours. Rent is not.
Both sides have sunk costs. Owners get some of theirs back through deductions, federal and California.
The true cost of owning drifts down as interest shrinks and tax savings stay. Rent keeps climbing at your assumed rate.
Hansen Homes will run this on a specific home, with the actual taxes, HOA and a live rate from a lender. You get one text back with the numbers.
