Rent vs Buy Calculator

Compare the total cost of renting versus buying a home over time

Home Purchase Details

Home Price ($)

Down Payment (%)

Mortgage Rate (% per year)

Loan Term (years)

Closing Costs ($)

Home Appreciation (% per year)

Monthly Homeownership Costs

Annual Property Tax ($)

Annual Insurance ($)

Monthly HOA Fee ($)

Monthly Maintenance ($)

Rental Details

Monthly Rent ($)

Annual Rent Increase (%)

Annual Renter's Insurance ($)

Comparison Period

Years to Compare

Quick heads up: These calculators are designed to help you make smarter financial decisions, but they're meant for educational purposes only. Everyone's financial situation is unique, so consider this a helpful starting point rather than personalized financial advice. For decisions specific to your circumstances, it's always a good idea to consult with a qualified financial professional.