Rent vs Buy Calculator

Compare the total cost of renting versus buying a home over time. Factor in mortgage rates, property taxes, appreciation, and more.

Renting

Buying

General

Buying is Cheaper
Over the selected time period
You save $0
Total Cost of Renting
$0
Net Cost of Buying
$0

Renting Breakdown

Total Rent Paid$0
Renter's Insurance$0
Opportunity Cost (invested down payment)-$0
Net Cost of Renting$0

Buying Breakdown

Down Payment$0
Mortgage Payments$0
Property Taxes$0
Insurance$0
Maintenance$0
Home Equity Gained-$0
Appreciation-$0
Net Cost of Buying$0

How to Use

  1. Enter rent details — current rent, expected annual increase, and insurance.
  2. Enter buying details — home price, down payment, mortgage rate, taxes, etc.
  3. Set time horizon — how long you plan to stay (5, 10, 20 years).
  4. Compare results — see which option costs less over your time period.