Compare the estimated cost of renting versus buying a home over a selected period. Enter your rent, home price, down payment, mortgage rate, property taxes, maintenance costs, and other details to see how the two options compare.
Renting
Buying
Rent vs. Buy Results
This calculator compares estimated housing costs over the selected period. It does not account for every factor, such as home appreciation, investment returns, closing costs, insurance or opportunity cost.
Disclaimer
The results provided by this calculator are estimates for informational purposes only. Actual mortgage rates, payments, refinancing fees, prepayment penalties, and lender requirements may vary. This calculator does not provide mortgage approval or financial advice. Consult a qualified mortgage professional before making financial decisions.