Rent vs Buy Calculator

Rent keeps going up. So do home prices. See which path costs less over the years you plan to stay.

100% Free Tool

Your numbers

Adjust the assumptions to match your market.

5-year cost comparison

Total cost of renting$0
Net cost of buying$0
Mortgage payments + ~2% closing costs, minus principal repaid and appreciation gained. Down payment counts as equity, not cost.
  • 30-year fixed mortgage; taxes, insurance, and maintenance are excluded from both sides for a clean comparison.
  • Buying assumes ~2% buyer closing costs and selling costs are excluded.
  • Rent is assumed to rise each year; the home is assumed to appreciate steadily.
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Estimates, not advice: This is a simplified illustration, not financial advice. Real outcomes depend on taxes, insurance, maintenance, market swings, and your personal situation. Talk to a qualified professional before deciding.