We at Envoy Mortgage in Connecticut, servicing Litchfield, New Haven, and Fairfield counties realize that owning is better than renting when you have the right loan. Use the calculator below to realize your savings when compared to renting.

• Rent vs. Buy
• Interest Only vs. Fixed
• Mortgage Loan
• Mortgage Tax

Year	Fixed Rate Mortgage Payments	Fixed Rate Mortgage Balance	Interest Only Payments	Interest Only Balance
1	2	3	4	5
2	2	3	4	5
3	2	3	4	5
4	2	3	4	5
5	2	3	4	5
6	2	3	4	6
7	2	3	4	6
8	2	3	4	6
9	2	3	4	6
10	2	3	4	6
11	2	3	4	6
12	2	3	4	6
13	2	3	4	6
14	2	3	4	6
15	2	3	4	6
16	2	3	4	6
17	2	3	4	6
18	2	3	4	6
19	2	3	4	6
20	2	3	4	6
21	2	3	4	6
22	2	3	4	6
23	2	3	4	6
24	2	3	4	6
25	2	3	4	6
26	2	3	4	6
27	2	3	4	6
28	2	3	4	6
29	2	3	4	6
30	2	3	4	6