Rent vs. Buy Calculator

Compare the estimated financial implications of renting vs. buying a home over time.

Buying Details

Home Price:

Down Payment (%):

Loan Term (Years):

Interest Rate (%):

Annual Property Tax Rate (% of Price):

Annual Home Insurance Rate (% of Price):

Annual Maintenance/HOA (% of Price):

Home Value Appreciation Rate (%):

Selling Costs (% of Future Price):

Current Monthly Rent:

Annual Renter's Insurance:

Annual Rent Increase Rate (%):

Comparison Period (Years):

Investment Return Rate (%):

Fill in the details for both buying and renting scenarios.
Enter the number of years you plan to stay in the home for the comparison period.
Provide an estimated annual return rate you could achieve if you invested your down payment instead of buying.
Click the 'Compare Rent vs. Buy' button.
The results estimate the total costs and potential net worth change for both options over the specified period.
Note: This is a simplified comparison and does not include all factors like tax benefits/deductions, closing costs, or the non-financial benefits of owning/renting. Results are estimates based on your inputs.