Rent vs Buy Calculator

Compare renting vs buying over a chosen time horizon with simple assumptions.

Decision Snapshot

—

This is a simplified model (no closing costs, selling fees, or tax deductions).

Rent total

—

Buy net cost

—

Rent

Monthly rent

Monthly rent payment.

Buy

Home price

Down payment (%)

Interest rate (%)

Loan term (years)

Years you stay

Maintenance (%/year)

Optional

Property tax (%/year)

Optional

Home appreciation (%/year)

Optional

Rent total

—

Buy net cost

—

Winner

—

Tip: To be more realistic, you can extend this tool later with closing costs, selling fees, and principal paydown (amortization).

Result—

Example: rent 1200, price 250000, down 20%, rate 4%, stay 7y

Formula

Rent cost vs (Buy outflows − home appreciation benefit)

Rent vs Buy Calculator

Compare renting vs buying over a chosen time horizon with simple assumptions.

Decision Snapshot

—

This is a simplified model (no closing costs, selling fees, or tax deductions).

Rent total

—

Buy net cost

—

Rent

Monthly rent

Monthly rent payment.

Buy

Home price

Down payment (%)

Interest rate (%)

Loan term (years)

Years you stay

Maintenance (%/year)

Optional

Property tax (%/year)

Optional

Home appreciation (%/year)

Optional

Rent total

—

Buy net cost

—

Winner

—

Tip: To be more realistic, you can extend this tool later with closing costs, selling fees, and principal paydown (amortization).

Result—

Example: rent 1200, price 250000, down 20%, rate 4%, stay 7y

Formula

Rent cost vs (Buy outflows − home appreciation benefit)