Rent vs Buy Calculator

Compare the financial impact of renting vs buying a home. Make an informed decision on your housing choice.

Buying Details

Home Price ($)

Down Payment ($)

Mortgage Rate (%)

Loan Term (years)

Property Tax (%/year)

Home Insurance ($/year)

Maintenance (%/year)

Appreciation (%/year)

Monthly Rent ($)

Annual Rent Increase (%)

Investment Return (%)

Years to Stay

Recommendation

Rent

Costs $10738 over 7 years

Monthly Mortgage

$1770

Home Value (End)

$430456

Total Buying Cost

$218163

Equity Built

$177290

Total Rent Paid

$183899

Investment Value

$153764

Net Buying Cost$110873

Net Renting Cost$100135

Difference$10738 (Rent wins)

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