Rent vs Buy Calculator

Use this tool to compare the total cost of buying a home versus renting one.

Home Purchase Assumptions

Home Price ($)

Down Payment ($)

Interest Rate (%)

Loan Term (years)

Closing Costs ($)

Property Tax Rate (% of value per year)

Property Tax Increase (% per year)

Home Insurance ($ per year)

HOA Fee ($ per year)

Maintenance Cost ($ per year)

Home Value Appreciation (% per year)

Selling Closing Costs (% of sale price)

Monthly Rent ($)

Rent Increase (% per year)

Renter's Insurance ($ per year)

Security Deposit ($)

Average Investment Return (% per year on down payment)

Years Planned in Home