Buy vs. Rent Calculator
Deciding whether to rent or buy a home is one of the most important financial choices many of us will ever make. Between rent prices, mortgage rates, the potential for home equity gains, and the ability to invest any leftover funds if you choose to rent, there are numerous factors to consider.
The Buy vs. Rent Calculator helps bring all of these moving parts together—factoring in your time horizon and even re-investing any savings from renting at the specified market rate to provide a realistic, apples-to-apples comparison. By looking at the long-term costs, benefits, and growth opportunities of each option, you’ll gain a clearer view of which path aligns best with your financial goals and lifestyle.
Calculator Inputs
The Basics
How long are you planning on living here and what's the rent and the home price if you were to buy.
Enter a number between 1 and 30 years
Home Ownership Costs
Upfront and recurring costs associated with owning a home. We've set some reasonable defaults.
The Future
Investment rate, home appreciation and rent appreciation numbers and we've set some reasonable numbers here as well.
Enter your details and click Calculate to see the comparison