Rent vs Buy Calculator
Compare the long-term cost of renting versus buying a home, including mortgage, taxes, insurance, and potential home appreciation.
Rent vs. Buy Inputs
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How It Works
Enter your current or expected rent, target home price, down payment, mortgage rate, property tax, insurance, and HOA fees. The calculator estimates monthly ownership costs and compares total rent vs. ownership costs over your chosen timeframe.
Frequently Asked Questions
What costs are included for buying?▼
Mortgage principal and interest, property tax, homeowners insurance, HOA fees, and your down payment.
Is home appreciation guaranteed?▼
No. Appreciation is an estimate based on historical trends. Actual market performance varies by location and time period.
When is buying better than renting?▼
Buying often becomes favorable over longer holding periods, but it depends on local prices, interest rates, and how long you plan to stay.
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