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Rent vs Buy Calculator

Make informed housing decisions by comparing the total costs of renting versus buying over time. Factor in mortgage payments, property taxes, maintenance, and investment opportunities.

Quick Start Scenarios

Property Details

Home Price
USD
Monthly Rent
USD
Buying costs 30% more monthly
Time Horizon (Years)
years
Medium term - depends on market
Home Appreciation (%/year)
%

Recommendation

Renting saves you $16,685 over 5 years.

After 5 years, renting provides more in net worth through investing the difference.

Break-even point: 14.5 years

Net Costs Over Years

Monthly Cost Comparison

Renting
Monthly total
$2,365
Buying
Monthly total
$2,855.95
Monthly Difference
Buying costs more
$490.95

Frequently Asked Questions

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