📊

Rent vs Buy Calculator - Should I Rent or Buy?

Free rent vs buy calculator. Compare the total cost of renting versus buying a home. Make an informed decision on homeownership.

Compare renting versus buying a home

Enter your values to see results

and click the "Calculate" button

Rent vs Buy Calculator

Compare the total cost of renting versus buying over your expected stay. Includes mortgage, opportunity cost, and appreciation estimates.

Buy costs: mortgage, taxes, insurance, maintenance, closing costs, opportunity cost of down payment

Generally: buy if staying 5+ years, rent if shorter. Local markets vary significantly.

When is buying better?

Generally when: staying 5+ years, have 20% down, stable income, housing appreciates, and mortgage < rent + opportunity cost.

What costs does buying include?

Down payment, closing costs (2-5%), monthly mortgage, property taxes (~1%), insurance, HOA, maintenance (1-2%), and opportunity cost of down payment.

Mortgage Calculator

Calculate mortgage payments

100+ calculators for finance, health, math, and everyday life