Ruth Ebbinghaus
REMAX Stars
1804 W Pearce Blvd
Wentzville, MO, 63385
Office: 636-698-9000
Cell: 636-359-2557
Are property taxes deductible? | Print |

Are property taxes deductible?


Property taxes on all real estate, including those levied by state and local governments and school districts, are fully deductible against current income taxes.
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Rent vs. Buy Calculator

Am I better off renting or owning? This calculator will show you the financial differences between the two.
$   Current Rent
  % Est. tax bracket
$   Purchase Price
  % Down Payment
  % Interest Rate
    Mortgage Term (Years)
    Your Monthly Payment
$   Yearly Taxes?
$   Yearly Insurance?
    Total PITI
    How long will you own (typ. 7 yrs)

$   This is your rent over the period
$   This is mortgage over the period

REAL calculator

Calculate your mortgage repayments:

Loan amount: $
Down payment: $
Annual interest rate: %
Term of loan: years

Total interest:
$
Monthly payment:
$