Rent vs Buy Calculator

Compare the total cost of renting versus buying a home. Find out when buying becomes cheaper.

Monthly Rent ($)

Home Price ($)

Down Payment (%)

Mortgage Rate (%)

Home Appr. (%)

Rent Incr. (%)

Years

Sponsor

Rent vs Buy: Which is Better?

The decision to rent or buy depends on many factors including your financial situation, local market conditions, how long you plan to stay, and your personal preferences. This calculator helps you compare the financial aspects of both options over time.

FAQ

What costs are included in buying?

Mortgage payments (principal & interest), property taxes, insurance, and maintenance (estimated at 1% of home value per year), minus the equity you build.

Sponsor