Calculate Renting vs Buying

Rent vs. Buy Calculator

See which option builds more wealth over your time horizon

Buying

Home price ($)

Down payment (%)

Mortgage rate (% / yr)

Loan term (years)

Property tax (% / yr)

HOA / maintenance ($ / mo)

Renting

Monthly rent ($)

Renters insurance ($ / mo)

Assumptions

Home appreciation (% / yr)

Investment return (% / yr)

Rent increase (% / yr)

Marginal tax rate (%)

Time horizon (years)

Home sale cost (%)

Monthly buy cost

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PITI + HOA

Monthly rent cost

—

Rent + insurance

Break-even point

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Years to favor buying

Calculating…

Adjust inputs above to see your personalized analysis.

Net worth projection

Buying Renting + investing

Buying equity vs. investing the down payment + monthly savings from renting at the assumed investment return rate.