Has your landlord offered you money to vacate your apartment (or are you hoping he or she will)? Use this handy calculator to determine how far a buyout will take you in the current real estate market.
Buyout offer: $ Your current rent: $ per month Your annual net income is: $ (after taxes) Income or capital gains tax rate: % Moving costs: $ (movers, utility setup, etc.) Broker fees: % of annual rent New rent for a Studio One BR Two BR at $ per month (tips) (scroll down to see results)
Buyout offer: Your current rent: $ per month Your annual net income is: $ (after taxes) Income or capital gains tax rate: % Moving costs: $ (movers, utility setup, etc.) Broker Fees: % of purchase price Closing Costs: % of purchase price (tips) Apartment Purchase Price: $ Down Payment: % Mortgage Rate: $ % Mortgage Term: years Maintenance Fees: $ per month (scroll down to see results)
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