Rent vs. Buy Calculator
Should you rent or buy? Compare the total cost of ownership vs renting over time to make the smarter financial decision.
Buying Scenarios
Renting Scenarios
Comparison Duration
7 Years
How long do you plan to live there?
Methodology
We calculate the Net Cost of Ownership (Mortgage payments + taxes + maintenance + closing costs - final home equity) vs the Cost of Renting (Rent + insurance - returns from investing the down payment elsewhere). Assumptions: 3% home appreciation, 3% rent inflation, 6% investment return.