Rent vs Buy Calculator

Compare the total cost of renting versus buying a home over time.

Monthly Rent

Annual Rent Increase (%)

Home Price

Down Payment

Mortgage Rate (%)

Property Tax (%)

Maintenance (%/yr)

Appreciation (%/yr)

Years to Compare

Buying is cheaper over 10 years

You save $131,250 by buying

$247,620

Over 10 years with 3% annual increases

Mortgage Payments$212,375

Down Payment$70,000

Property Taxes$49,272

Maintenance$41,060

Total Spent$372,707

Equity Built-$256,336

Net Cost$116,370

$493,710

Up from $350,000