Buy vs Rent Calculator
Should you buy or rent your next home? Use our free calculator to compare the true long-term costs and find your financial break-even point.
Quick Results Summary
Monthly Mortgage
$2,661
Principal + Interest
Monthly Rent
$2,500
Starting amount
Down Payment
$100,000
20% of home price
Break-even
1 years
Buying becomes better
Our Recommendation
Buying may be better for you
After 1 years, buying becomes more cost-effective. You could save $82,256 over 7 years.
Total Cost of Buying
$8,605
After 7 years
Total Cost of Renting
$90,861
After 7 years
Potential Savings
$82,256
By buying
Buying Calculation
Considers mortgage payments minus home equity growth (assuming 3% annual appreciation)
Renting Calculation
Total rent paid (with 2% annual increase) minus investment returns on your down payment
Break-even Point
The year when buying becomes less expensive than renting over time
Investment Opportunity
If renting, your down payment could be invested in the stock market or other assets
Why Use This Calculator?
Data-Driven Decision
See exact numbers instead of guessing which option is better
Find Your Break-Even
Know exactly when buying becomes more cost-effective
Personalized Results
Customize inputs to match your exact financial situation
Frequently Asked Questions About Buy vs Rent
Ready to Take the Next Step?
Whether you decide to buy or rent, Rentto helps you manage your property journey. Get organized with our free tools.
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