Rent vs Buy Calculator

Compare the true financial cost of renting versus buying over any time horizon. Includes appreciation, tax benefits, and opportunity cost of your down payment.

🏠 Buying Details

Home Price ($)

Down Payment (%)

Mortgage Rate (%)

Property Tax (%/yr)

Insurance ($/yr)

Appreciation (%/yr)

Maintenance (%/yr)

🏢 Renting Details

Monthly Rent ($)

Annual Rent Increase (%)

Investment Return (%)If you invested the down payment instead

Time Horizon (years)

⚖️ The Verdict

Buying Winsby $45,000

🏠 Cost of Buying (over 7 years)

Mortgage Payments$0

Property Tax$0

Insurance + Maintenance$0

Closing Costs (est.)$0

− Home Equity Built$0

− Appreciation Gain$0

Net Cost of Buying$0

🏢 Cost of Renting (over 7 years)

Total Rent Paid$0

Renter's Insurance (est.)$0

− Investment Growth (DP)$0

Net Cost of Renting$0

💡 Key Takeaway

📈 Break-Even Timeline

Year	Buy Cost (Cumulative)	Rent Cost (Cumulative)	Difference	Winner

Disclaimer: Simplified estimates. Does not account for all tax implications, transaction costs on sale, or market volatility. Not financial advice.