Rent vs. Buy Calculator

Make an informed decision about your housing future.

Current Rent (per month):

Annual Rent Increase (%):

Home Price:

Down Payment (%):

Mortgage Interest Rate (%):

Mortgage Term (years):

Annual Property Tax Rate (%):

Annual Home Insurance Rate (% of home price):

Annual Maintenance Cost (% of home price):

Annual Home Price Appreciation (%):

Selling Costs (% of home price):

Annual Investment Return (%):

Analysis Period (years):

Understanding all the expenses associated with renting, beyond just the monthly rent.

Explore the often-overlooked expenses of owning a home.

A detailed comparison of renting and buying in the context of your long-term financial goals.

Enter Your Information: Fill in the input fields with your current financial situation, including rent costs, home price, and mortgage details.
Understand the Results: The calculator provides a summary of whether renting or buying is financially more favorable over your selected time period.
Review the Details: See a breakdown of the costs associated with both renting and buying, including total rent paid, mortgage payments, property taxes, and potential selling costs.
Consider the Long Term: Adjust the analysis period to see how the rent vs. buy decision changes over time.
Use the Articles: Read the related articles to get a deeper understanding of the factors involved in the rent vs. buy decision.

Home Price and Mortgage Rates: These have a significant impact on the cost of buying.
Property Taxes and Insurance: Factor in these ongoing expenses of homeownership.
Appreciation and Investment: Consider potential home value increases and investment returns.
Personal Circumstances: Your financial situation, stability, and long-term plans play a crucial role.

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