Home Rent vs. Buy Calculator

How much mortgage can I afford?

Think you can’t afford to buy a home? Think again!

Use the First Mortgage Direct rent v. own calculator to compare your long-term costs of housing. Want to buy a home but afraid it’s beyond your budget? Think again! Mortgage rates are super low these days, so you might be surprised just how affordable owning your own home can be. Tell us a little bit about you and we’ll put together some mortgage options for you – for free!


This calculator is for educational purposes only and is intended as a resource to help you compare rental vs. mortgage options. Accuracy is not guaranteed. All loans are subject to credit approval.


Learn more about your options

When you rent, you’re basically paying someone else’s mortgage for them – plus a little more. Learn more about the mortgage process or contact us for a free quote on mortgage options.


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First Mortgage Direct
9237 Ward Parkway Suite 300
Kansas City, MO 64114

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.