Rent vs. Buy Calculator

Should you rent or buy? Compare the true long-term cost of each based on how long you plan to stay, and find the breakeven point where buying starts to win.

Compare the true long-term cost of buying vs renting for how long you plan to stay. The mortgage rate starts from today's national average — adjust any assumption to fit your situation.

Home price$ Down payment% Mortgage rate%Loading today's average… Comparable rent (monthly)$ How long you'll stay yrs Loan term

Advanced assumptions

Property tax / yr% Home insurance / yr% Maintenance / yr% HOA (monthly)$ Home appreciation / yr% Rent increase / yr% Closing costs% Selling costs%

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Net cost to buy—

Net cost to rent—

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Estimates only — actual results depend on market conditions, taxes, rates, and your situation. Not financial advice.

Work with Timothy F. Lee ← Rentals & Investing