Rent vs Buy Calculator
Compare the true cost of renting versus buying over time
Buying a Home
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Renting
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Other Assumptions
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Expected return if you invest down payment instead of buying
Renting is Better
After 7 years
🏠 Buying Net Worth
$0
Total Cost: $0
🔑 Renting Net Worth
$0
Total Cost: $0
Difference$0
Break-Even YearBeyond 30 years
Renting and investing gives you $0 more after 7 years.
Beyond the Numbers
Reasons to Buy
- • Build equity and wealth over time
- • Fixed monthly payments (principal & interest)
- • Freedom to customize your home
- • Tax benefits (mortgage interest, property tax)
- • Hedge against rent increases
- • Stability and sense of ownership
Reasons to Rent
- • Flexibility to relocate easily
- • No maintenance costs or responsibilities
- • Lower upfront costs
- • No property value risk
- • Amenities often included (gym, pool)
- • Predictable monthly expenses
Ready to Make Your Decision?
Talk to a mortgage expert about your specific situation