Rent vs Buy Calculator
Compare the financial impact of renting versus buying a home. See which option builds more wealth.
Buying Scenario
Renting Scenario
After 10 Years
Buying Wins
By $17,561
Net Worth Comparison
$230,096
Buyer Net Worth
(Home Equity)
$212,536
Renter Net Worth
(Investments)
Cost Comparison
Total Buying Costs$393,814
Total Renting Costs$277,133
Final Home Value$470,371
Year-by-Year Projection
| Year | Buyer NW | Renter NW |
|---|---|---|
| 1 | $83,344 | $82,345 |
| 2 | $97,209 | $95,078 |
| 3 | $111,619 | $108,211 |
| 4 | $126,599 | $121,758 |
| 5 | $142,177 | $135,732 |
| 6 | $158,382 | $150,148 |
| 7 | $175,243 | $165,020 |
| 8 | $192,793 | $180,365 |
| 9 | $211,065 | $196,198 |
| 10 | $230,096 | $212,536 |