Rent vs. Buy: See the Real Numbers

Plug in your current rent and a home price you're considering. See what a mortgage payment could actually look like on the Mississippi Gulf Coast, so you can compare it to what you're paying now — no spin either way.

Enter Your Numbers

Only the basics are required. Adjust anything else as needed.

Current monthly rent ($)

Estimated home price ($)

Down payment (%)

Interest rate (annual %)

Loan term (years)

Property taxes (annual $)

Home insurance / applicable wind & flood coverage (annual $) Use actual insurance quotes when possible. Gulf Coast properties may require separate wind and/or flood coverage depending on the property and location.

Mortgage insurance / PMI ($ per month) Some loans with a smaller down payment require monthly mortgage insurance. Use a lender quote if applicable — leave at $0 if not.

HOA (monthly $)

Estimated maintenance (annual $) Defaults to about 1% of home price per year. Edit as needed.

Please enter a valid current rent and home price (both must be greater than zero).

Renting vs. Buying

Here's how the two stack up on a monthly basis.

Current Monthly Rent

Current Annual Rent

Mortgage Payment (P&I)

Total Monthly Housing Payment

Estimated First-Year Homeowner Cost

Monthly Difference vs. Renting

Principal & interest$0
Property taxes (monthly)$0
Insurance (monthly)$0
Mortgage insurance / PMI$0
HOA$0
Maintenance (monthly)$0

What this doesn't include: tax benefits, home price appreciation, equity growth, or the costs of selling a home. This is a starting point for your own research, not financial advice — talk to a lender for the actual mortgage terms you'd qualify for.

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Send Me Homes That Fit This Payment

Tell us the numbers above and we'll put together listings on the Mississippi Gulf Coast that match your target payment and budget.

Got it — your numbers are on the way to Lincoln Group. Jared will put together listings that fit this payment and follow up personally. Your results are still on screen above if you want to copy or print them.

This comparison does not include tax benefits, home price appreciation, equity growth, or the costs of selling a home — it's a starting point for your own research, not financial advice. Consult a lender for actual mortgage terms you'd qualify for.