Rent vs Buy Calculator
Renting or buying — the honest 10-year comparison.
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Your Results
Buy: monthly cost$2,382.29
Rent: total paid$251,534.55
Buy: total cost$355,874.86
Buy: home value at end$470,370.73
Buy cost includes mortgage payment, 1% property tax, and 1% maintenance. Renting includes rent growth. Not a substitute for a full financial plan.
Frequently Asked Questions
Is renting or buying better?
It depends on your time horizon, local prices, and rates. Buying wins when you stay long enough for appreciation and equity to beat transaction costs — often 5-7 years. This calculator shows the raw math for your numbers.
What costs do buyers forget?
Closing costs (2-5% of price), property tax, insurance, maintenance (about 1% of home value per year), HOA fees, and the opportunity cost of the down payment.
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