Rent vs. Buy Calculator
Compare the true financial cost of renting vs. buying a home over any time horizon. Includes taxes, appreciation, and opportunity cost.
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What this calculator does
Rent vs. Buy Calculator helps you quickly estimate compare the true financial cost of renting vs. buying a home over any time horizon. includes taxes, appreciation, and opportunity cost. with clean output and clear next steps.
How the calculation works
Enter Home Price, Down Payment, Mortgage Rate and this calculator uses standard formulas to determine Total Cost of Buying and Total Cost of Renting. The output is displayed immediately in a user-friendly format.
Example calculation
For example, enter realistic values into the Rent vs. Buy Calculator to see how the calculator produces Total Cost of Buying and Total Cost of Renting that you can use for planning and comparison.
Disclaimer
The calculations provided by this website are for informational purposes only and should not be considered financial, legal, tax, or professional advice.
Frequently Asked Questions
Is it better to rent or buy?
Buying is better long-term if you stay 5+ years, plan to build equity, and the price-to-rent ratio favors buying. Renting offers flexibility and lower upfront cost.