Rent vs. Buy Calculator
Compare the financial costs of renting versus buying a home over time.
Input Values
Results
This calculator compares the net cost of buying (including down payment, closing costs, monthly payments, taxes, insurance, and maintenance, minus built equity) against the total cost of renting (with annual rent increases). Home appreciation is estimated at 3% annually. A negative difference means buying saves money; a positive difference means renting is cheaper. Results are estimates for educational purposes only.
Disclaimer: This calculator is provided for educational purposes only and does not constitute a loan offer, rate quote, or financial advice. Results are estimates based on standard formulas and the inputs provided. Actual loan terms depend on credit history, income, property type, loan program, and lender guidelines. Consult a licensed mortgage professional for personalized advice.