Rent vs Buy Calculator

Compare the long-term cost of renting versus buying a home in the USA.

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Cost of Renting
$208,514.97
Cost of Buying
$128,468.97
Comparison Result
Buying may cost less over your projected stay.

How this calculator works

This comparison estimates total housing cost over time, while also giving credit to home appreciation. Maintenance, tax deductions, and selling costs are not modeled here.

Why use this Rent vs Buy Calculator?

This tool helps U.S. borrowers model mortgage scenarios using practical inputs and plain-English explanations. Review the calculator output, compare related tools, and use the charts to understand how cost changes over time.

What to review after calculating

Look beyond the payment estimate. Check taxes, insurance, amortization, break-even timing, and debt load so you can move from estimate to action with clearer expectations.

Calculator results are estimates for planning and education. They are not a loan approval or financial advice.

Frequently Asked Questions

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