rent or buy calculator
buying vs renting home calculator
rent vs buy analysis
mortgage vs rent cost
Rent vs Buy
Should you buy or rent? Analyze the long-term financial impact of owning a home versus renting.
Last Updated: March 1, 2025
# What is Rent vs Buy?
A Rent vs Buy Calculator compares the total cost of renting over a period versus buying a home and selling it, factoring in equity, appreciation, and opportunity cost.
# How Does Rent vs Buy Work?
- 1Enter current Monthly Rent and Target Home Price.
- 2Set the duration (e.g., 7 years).
- 3Input growth assumptions (Home appreciation, Rent inflation).
- 4See which option makes you wealthier in the end.
# Common Use Cases
Deciding whether to renew a lease or buy.
Relocating to a new city.
Investment analysis of primary residence.
# Why Use This Tool?
Comprehensive: Includes maintenance, closing costs, and tax benefits.
Breakeven Point: Shows exactly when buying beats renting.
Visual Charts: Easy to digest long-term trends.
Trusted & Secure
• Calculations are performed entirely in your browser.
• No signup, no data storage, no tracking.
• Formulas based on standard financial principles.
# Frequently Asked Questions
When is buying better?▼
Buying usually wins if you plan to stay in the home for 5-7+ years, allowing equity to build and offset upfront costs.
What are the hidden costs of buying?▼
Beyond the mortgage, owners pay for repairs, property taxes, insurance, and HOA fees.
Is renting throwing money away?▼
Not always. Renting offers flexibility and zero maintenance costs, and the difference saved can be invested elsewhere.
Last updated: March 2025 • v2.1.0 • Secure Client-Side Processing