Rent vs Buy Calculator

Compare the financial implications of renting versus buying a home to make an informed decision.

Home Costs
Rental Costs
Long-term Analysis
Home Purchase Details
$
Enter the price of the home you want to buy
%
Enter your planned down payment percentage
%
Enter the annual mortgage interest rate
years
Enter the length of your mortgage
Rental Details
$
Enter the monthly rent for a comparable property
%
Enter expected yearly rent increase percentage
Additional Costs & Assumptions
%
Annual property tax rate
$ /year
Annual home insurance cost
$
Monthly HOA or condo fees (if applicable)
%
Expected annual home value appreciation
%
Annual maintenance cost as percentage of home value