Rent vs Buy Calculator

Find out whether renting or buying makes more financial sense for you

Renting Details

Monthly Rent ($)

Annual Rent Increase (%)

Buying Details

Home Price ($)

Down Payment (%)

Mortgage Rate (%)

Loan Term (Years)

Property Tax Rate (%/yr)

Home Insurance ($/yr)

Maintenance (% of home/yr)

Home Appreciation (%/yr)

How Long Will You Stay?

Years You Plan to Stay

Monthly Cost Comparison (Year 1)

Renting

Monthly rent payment

Buying

Mortgage + tax + insurance + maintenance

Long-Term Analysis

Break-Even Year

Total Rent Cost

Total Buy Cost

You Save

Recommendation

Cost Over Time

Year-by-Year Breakdown

Year	Rent Cost	Buy Cost	Home Equity	Net Buy Cost

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