Rent vs Buy Calculator
NewMake the most important financial decision of your life with data. This rent vs buy calculator compares the total 10-year cost of renting against buying a home, accounting for mortgage payments, equity buildup, maintenance, property taxes, and investment opportunity cost. The break-even point shows how long you need to stay to make buying financially advantageous. Both options can be optimal depending on your situation, market, and time horizon.
Rent vs Buy Calculator
Compare the true cost of renting vs buying a home over a specific time period.
Monthly Buy Cost
$2,772.62
Mortgage+Tax+Maint
Monthly Rent
$2,000.00
Renting 7-Year Total
$183,899.09
Buying Net Cost (7yr)
$75,859.16
Equity: $237,040.73
How to Use Rent vs Buy Calculator
- 1Enter home price and down payment
- 2Enter mortgage rate and term
- 3Enter current monthly rent
- 4Set annual appreciation and rent increase rates
- 5View 10-year cost comparison
Your Privacy is Protected
Rent vs Buy Calculator runs entirely in your browser. Your files and data are never uploaded to any server, never stored, and never shared. Everything happens locally on your device using secure browser APIs.
Frequently Asked Questions
Is buying always better than renting?
No. Buying builds equity but has high upfront and ongoing costs. Renting offers flexibility. The comparison depends on your market, tenure, and investment alternatives.
How long do I need to stay to make buying worthwhile?
Typically 5-7 years. The break-even depends on appreciation rates, transaction costs, and rent vs mortgage payment.
Why Use This Tool?
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