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Note:
Calculations are based on prevailing interest rate environment ( September 2001) and price levels of Co-Op apartments and are intended for the purpose of illustrating the relationship between renting and buying an apartment. While intended for the Jackson Heights Community it is applicable in principle to Co-Op and Condo purchases. 

If you have Excel or Lotus version you may link to the worksheet
The enter the data on the left of the sheet, the results are displayed to the right.
If you are un-sure of any of the information ask you local real estate broker
for assistance.   Since this is an illustration -- feel free to estimate some of the
input data.