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Rent vs Buy Calculator
Compare renting to buying a home
Buying
Home Price ($)
Down Payment ($)
Interest Rate (%)
Property Tax Rate (%)
Annual Appreciation (%)
Renting
Monthly Rent ($)
Annual Rent Increase (%)
Time Period (years)
Buying is better by
$93,293
over 7 years
Buying Costs
Monthly Payment
$2,536
Total Cost (7yr)
$283,062
Home Value After
$430,456
Net Cost
$90,607
Renting Costs
Starting Rent
$2,000/mo
Rent in Year 7
$2,388/mo
Total Cost (7yr)
$183,899
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