About Rent or Buy
Thinking about rent or buy a real property? This tool has been used by experienced realtors to make a quick decision on rent or buy for client. Realtors recommended.
Buy or rent a real property, or buy for rent just as to buy a income property?
It helps make a quick decision on whether it is worth to buy a real property rather than rent. It output the monthly mortgage payment, plus HOA, property tax, insurance, other cose for different mortgage terms, intest rate, downpayment. More important, it displays how much money you pay out of pocket if you buy for rent. With it, you would not make a mistake on rent vs buy, a important financial decision.
Download and install
Rent or Buy version 2 on your
Android device!
Downloaded 1+ times, content rating: Not rated
Android package:
com.mBasicLoanCalcu, download Rent or Buy.apk
by T####:
And not one from the current version of the app. -- it gets worse, it actually has a very odd icon made using the windows paint program? ... a solid white square background instead of the usual transparent background that any competent android programmer would have used. It appears to be a scene of a lake with trees in the foreground, a round image on a square white background, could be an old vinyl album cover. Moreover, it installs two apps, with that same strange icon–second app is named “Note Pad” ... non-functional ... just scary. Quotes: “Eff. Monthly Rental Income” and “Monthly Pay Out Pocket” What on earth is that? – In either case, they aren't telling ... mostly gibberish, apparently from non-English speakers. It requires you to list both first and second loans, else it reports a monthly payment of zero–then the payment is wrong, does not explain what “payment” may include. Finally, the app asks for Closing Costs as a percent of the Price: ridiculous. Bad turns to Sad, when it “outputs” only five numbers: one being a restatement of an input. If you need a real app of this sort you will probably have to part with a couple of dollars to get something real.