Renting vs Buying Calculator
Compare the cost of renting versus buying over time.
Adjust the assumptions below to compare monthly costs and the longer-term financial impact of renting vs owning. This is a planning tool—real-world results vary by market, taxes, insurance, and final loan terms.
Your scenario
Down payment dollars are calculated from home price.
Homeownership assumptions
Example: 1.20 = 1.20% per year.
Common planning range: 0.5%–1.5%.
Often includes agent + seller costs (estimate).
Market & investing assumptions
Used to estimate growth of funds you don’t spend (opportunity cost).
Estimates are for planning purposes only. Taxes, insurance, HOA, PMI, and market performance can vary significantly.