Rent vs Buy Breakeven Calculator
Find out how many years until buying becomes financially better than renting.
Buying Scenario
Renting Scenario
Breakeven Point
8 Years
Buying becomes better after 8 years
Monthly Cost Comparison (Year 1)
Monthly Rent$2,500
Monthly Buying Cost$2,987
Difference+$487
Upfront Costs to Buy
$80,000
Down Payment
$12,000
Closing Costs
Net Worth Comparison Over Time
| Year | Buyer Net Worth | Renter Net Worth | Winner |
|---|---|---|---|
| Year 1 | $70,428 | $104,288 | Rent |
| Year 3 | $100,985 | $128,713 | Rent |
| Year 5 | $133,988 | $152,727 | Rent |
| Year 7 | $169,672 | $176,027 | Rent |
| Year 10 | $228,801 | $215,641 | Rent |
| Year 15 | $344,892 | $302,448 | Rent |
| Year 20 | $488,136 | $424,198 | Buy |
| Year 30 | $889,977 | $834,462 | Buy |
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Editorial Note
MyCalcBuddy Editorial Team
This page is maintained as an educational calculator reference.
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Formula Source: Standard Mathematical References
by Various
🔄Last reviewed: May 2026
✓Formula checks are based on standard references and internal QA review.