Rent vs Buy Calculator

Compare renting and buying total costs over a horizon with mortgage, taxes, and investment growth

Home priceDown payment

Mortgage rate %Mortgage term (yr)

Property tax %/yrInsurance %/yr

Maintenance %/yrHome appreciation %/yr

Monthly rentRent inflation %/yr

Investment return %/yrHorizon (years)

buy = mortgage + carrying − appreciation · rent = rent − investment growth

Buy net cost

$291 885

Rent net cost

$280 649

Verdict

rent