Rent vs Buy Calculator
Compare the costs of renting vs buying a home to make an informed decision
Buy Scenario
$300,000
$50,000$2,000,000
20%
0%50%
$60,000 down payment
6.500%
2.000%12.000%
1.2%
0.0%5.0%
0.5%
0.0%2.0%
1.0%
0.0%5.0%
3.0%
0.0%10.0%
Rent Scenario
$2,000
$500$10,000
3.0%
0.0%10.0%
$20
$0$200
7.0%
0.0%15.0%
Summary
5-Year Net Difference
$0
10-Year Net Difference
$0
Break-Even Year
N/A
Positive values indicate buying is financially advantageous
This calculator provides estimates based on the assumptions provided. Actual results may vary based on market conditions, tax implications, and other factors.