Rent vs Buy Calculator

All tools

Compare renting versus buying a home over your stay. Weigh mortgage, taxes, maintenance and rent growth to see which saves more and when buying breaks even. Free.

Buying

$
$
%
years
%/yr
%/yr

Renting

$
%/yr

Your plan

years
%/yr
Verdict –
Total cost to buy –
Total cost to rent –
Home equity at sale –
Buying breaks even –
Simplified model: buy cost = down payment + mortgage + taxes + maintenance minus equity at sale; rent cost = rising rent only. It ignores closing costs, insurance, investment of the down payment and tax deductions.
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