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Rent vs Buy Calculator

Compare housing costs over time

🏢 Rent Scenario

$
%

🏡 Buy Scenario

$
$
%

Enter either dollar amount or percentage

%
$
%/year
1 year10 years30 years

Recommendation

BUY

Buying breaks even in year 0 and saves $0.00 total

Monthly Payment Comparison

Rent Total
Rent + insurance
$16.67
Buy Total
After tax benefits
$0.00

Break-Even Analysis

Break-Even Point
When buying becomes better
Year 0
Net Worth Difference (After 10 years)$0.00

Professional Considerations

💡 Consider your career stability and likelihood of moving when making this decision.

💡 Key Factors to Consider

Stability: How long will you stay in this location?

Down payment: Opportunity cost of money invested vs other investments

Market conditions: Home prices and rent growth in your area

Personal preferences: Maintenance responsibilities vs flexibility