Rent vs Buy Calculator

Compare the total costs of renting versus buying a home over time. See which option makes more financial sense for your situation.

Home Price

Down Payment

Interest Rate

Loan Term (Years)

Monthly Rent

Rent Increase (Yearly %)

Years to Stay

Home Appreciation Rate (%)

Property Tax Rate (%)

Insurance (Yearly)

Maintenance (Monthly)

Rent

Buy

Principal & Interest$0.00/mo

Property Tax$0.00/mo

Insurance$0.00/mo

Maintenance$0.00/mo

Total Rent Cost

Total Buy Cost

Net Difference

Recommendation

Buy

Years to Stay7 years

Home Appreciation Rate3%

Summary:

Over 7 years, buying is more cost-effective by $0. Your home would be worth $0 with $0 in equity built.

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