Rent vs. Buy Calculator

Compare the true long-term costs of renting versus buying a home. This calculator factors in appreciation, investment returns, and all ownership costs.

Buying Scenario

Home Price ($)

Down Payment (%)

Mortgage Rate (%)

Property Tax Rate (%)

Home Appreciation (%/yr)

Years to Stay

Renting Scenario

Monthly Rent ($)

Annual Rent Increase (%)

Investment Return (%/yr)

After 10 years, you're better off

🏠 Buying

by $74,859

$2,881

Monthly Cost (Buying)

$2,500

Monthly Rent (Initial)

Detailed Comparison

Buying

Home Value$537,567

Equity Built$266,283

Total Costs$425,714

Renting

Investment Value$157,372

Total Rent Paid$343,916