Rent vs. Buy Calculator
Free Online Rent vs. Buy Calculator
Calculate discounts, savings, and final prices instantly — with support for stacked deals, bulk tiers, and tax.
Rent vs Buy Calculator
True cost comparison · Break-even · Net worth impact · Year-by-year
🏠 Renting Costs
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$
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🏡 Buying Costs
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Additional Costs
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Market Assumptions
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Time Horizon
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Verdict
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Net Cost Over Your 5-Year Horizon
🏠 Renting
Total Net Cost
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VS
🏡 Buying
Total Net Cost
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Monthly — Rent
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Monthly — Buy
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Break-Even Point
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Equity Built (buy)
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Investment Value (rent)
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Home Value at Sale
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Total Rent Paid
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Total Interest Paid
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Cost Breakdown Over 5 Years
🏠 Renting Costs
🏡 Buying Costs
📊 Year-by-Year Net Wealth Comparison
| Year | Rent Paid | Invest. Value | Equity | Home Value | Net Advantage |
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🔮 Sensitivity Scenarios
If appreciation rises to 5%/yr:
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If appreciation falls to 1%/yr:
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If mortgage rate was 5.5%:
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If you put 20% down (no PMI):
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If investment returns were 5%/yr (conservative):
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If you stayed 10 years instead:
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🧠 Factors Beyond the Numbers
Renting advantages: Flexibility to move, no maintenance costs, no market risk, lower upfront cash, no property taxes
Buying advantages: Building equity, stability, freedom to renovate, potential appreciation, mortgage interest deduction (US)
Location matters: Price-to-rent ratio varies dramatically by city. High P/R ratios (e.g. NYC, SF) favour renting; low P/R ratios favour buying
Market uncertainty: Home values don't always go up. The 2008 crisis showed that leveraged real estate carries real downside risk
Maintenance costs: Budget 1–2% of home value annually for repairs and upkeep. This calculator does not include maintenance
Career stage: Early career professionals who may relocate in 2–3 years almost always benefit from renting. Break-even is typically 4–6 years
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