Rent vs. Buy Calculator
Rent vs. Buy Calculator
Compare total cost of renting vs. buying over time, factoring in equity, taxes, and appreciation.
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1 yr30 yrs
You Save By Renting
$9,864
Over 10 years
Total Rent Cost (10 yrs)
$275,133
Starting at $2,000/mo, 3% annual increase
Total Ownership Cost (10 yrs)
$284,997
Net of $160,895 equity built
Break-Even Year
Year 1
Buying pays off after 1 years
How to Use This Calculator
Enter your current monthly rent, the home price you are considering, down payment, and how long you plan to stay in the area. The calculator compares total costs over your time horizon to help you decide whether buying or renting makes more financial sense.