Rent vs. buy calculator
IllustrativeBuying could cost about$20,486less over 7 years
Total rent paid$202,289
Net cost of buying$181,803
Estimated equity when you sell$136,934
Down payment and buying costs$52,000
Estimates for illustration only. Not a loan offer or commitment to lend.
How it works
What this comparison includes
This is a simple comparison. It adds up rent over time and compares it with the main costs of owning, minus the estimated equity you build.
What you’ll enter
Monthly rent and a yearly rent increase
Home price, down payment and interest rate
Property taxes, insurance and maintenance
An assumed yearly change in home value (sample)
How many years you plan to stay
FAQ
Common questions
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