Rent vs Buy Calculator

Rent vs. Buy Calculator

Buying a Home

Home Price $

Down Payment %

Mortgage Interest Rate %

Loan Length 30 years20 years15 years

Property Tax % per Year
(of home value)

Home Insurance $ per Year

Upkeep & Repairs % per Year
(of home value)

Home Value Growth % per Year

Closing Costs When Buying %

Selling Costs When You Sell %

Renting Instead

Monthly Rent $

Rent Increase % per Year

Return on Money You Invest % per Year
(down payment and savings if you rent)

How Long Will You Stay? 5 years7 years10 years15 years20 years30 years

Your Comparison

Year	Home Value	Loan Balance	Buyer Net Worth	Renter Net Worth	Ahead

This site tool bears no responsibility or advice towards your financial decision. Please consult a financial professional if advice is needed. Results are estimates that assume steady rates of growth and do not include income taxes, mortgage tax deductions, mortgage insurance (PMI), or HOA fees. Net worth means what you would have left after selling the home (buyer) or the value of your invested savings (renter). Whichever option costs less each month is assumed to invest the difference.