Rent or Buy Calculator

Compare Scenarios
Your Timeline & Rent
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Possible Home Purchase
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Ownership Assumptions
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Tip: for a more useful comparison, replace the defaults with estimates that fit the actual home, loan program, insurance, taxes, and rental situation you are considering.

Estimated Comparison

Results
Estimated lower net housing cost —

Enter your assumptions and compare the two scenarios.

Estimated Rent Cost $0 Total rent plus renter's insurance over the selected period.
Estimated Net Buy Cost $0 Cash paid toward ownership minus estimated net sale proceeds.
Estimated Monthly P&I $0 Principal and interest only on the entered mortgage scenario.
Estimated Equity at Sale $0 Estimated home value less remaining mortgage balance before selling costs.
Estimated Home Value $0 Based solely on the annual appreciation assumption entered.
Remaining Loan Balance $0 Estimated mortgage balance at the end of the selected period.
Important: This is an educational comparison, not a prediction or recommendation. It does not model every possible cost or benefit, including utility differences, tax effects, investment returns on money not used for a down payment, renovation costs, changing taxes or insurance, future refinance activity, or every loan-program expense. Home appreciation is not guaranteed.