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Rent vs Buy Calculator

FREE

Compare the total cost and net worth impact of renting versus buying a home

Real Estate & Major Purchases

Inputs

Enter your information

How It Works

1Enter home purchase details and monthly rent amount
2Calculator factors in all costs: mortgage, taxes, insurance, maintenance, closing costs
3Assumes renters invest the difference (down payment + monthly savings)
4Compares net worth positions over your specified time period

Assumptions

•Home appreciates at specified annual rate
•Rent increases at specified annual rate
•Investment returns are compounded monthly
•Mortgage interest deduction considered (up to $750k loan)

⚡Pro Features

✓Variable appreciation rates by location
✓Job mobility and relocation probability analysis
✓Market timing recommendations

Results

Fill in the inputs to see your results

Enter your data to calculate

How This Calculator Works

1Enter home purchase details and monthly rent amount
2Calculator factors in all costs: mortgage, taxes, insurance, maintenance, closing costs
3Assumes renters invest the difference (down payment + monthly savings)
4Compares net worth positions over your specified time period

⚡Unlock Pro Features

✓Variable appreciation rates by location
✓Job mobility and relocation probability analysis
✓Market timing recommendations

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