🏠 Rent vs Buy Calculator
Compare the total cost of renting vs buying a home over any time period.
🏠 Buying
🏢 Renting
🏠 Total Cost of Renting
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🏡 Total Cost of Buying
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Rent vs Buy Calculator
Make an informed rent vs. buy decision by comparing total costs including mortgage payments, taxes, maintenance, appreciation, rent increases, and investment returns.
Frequently Asked Questions
What factors does this consider?
Monthly rent, home price, down payment, mortgage rate, property tax, maintenance, home appreciation, and investment returns on savings.
When is renting better?
Renting is often better when you plan to move within 5 years, in high-cost markets, or when home prices are declining.
How is the break-even point calculated?
The break-even point is when the cumulative cost of buying (including equity) equals the cumulative cost of renting (including invested savings).