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Real Estate

Rent vs buy calculator

Compare the 7-year cost of renting vs buying a home.

Generation prompt

Build a rent vs buy calculator. Inputs: monthly rent, expected annual rent increase percent, home price, down payment amount, mortgage interest rate percent, annual property tax, annual maintenance and insurance, expected annual home appreciation percent. Outputs: 7-year net cost difference (primary), monthly cost of buying year 1, breakeven year.

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