Buy vs. Rent

Compare the costs of buying a home vs. renting.

Calculator inputs

  • Home Price ($)
  • Down Payment (%)
  • Interest Rate (%)
  • Loan Term (years)
  • Monthly Rent ($)
  • Annual Property Tax (%)
  • Annual Home Insurance ($)
  • Annual Maintenance (%)
  • Closing Costs (%)
  • Annual Home Appreciation (%)
  • Years to Compare

Notes

Includes mortgage principal and interest, down payment, closing costs, property tax, insurance, maintenance, appreciation, and remaining equity. It excludes selling costs, rent growth, investment returns, tax effects, HOA fees, and PMI.

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