Rent vs Buy Calculator
Compare the total cost of renting versus buying a home over time.
Cheaper Option Over 5 Years
Renting ($90,000 vs $188,518 buying)
How This Works
Compares total rent paid to total buying cost (20% down, mortgage at 6.5%/30yr, plus 2.5%/year for tax and maintenance). A simplified estimate — doesn't include appreciation, rent increases, or tax deductions.
Frequently Asked Questions
What is the result for $1,500/mo rent vs $300,000 home price?
Renting ($90,000 vs $188,518 buying).