Rentwise Home – Buy vs. Rent Calculator

Wondering whether it's better to buy a home or keep renting? Rentwise Home helps you compare the true cost of buying versus renting and shows when buying becomes the smarter financial decision.

Get instant insights including:
• Break-even year – Find out when buying costs less than renting
• Equity growth – Track how much ownership value you build over time
• Year-by-year comparison – See detailed costs and savings for every year
• Net cost analysis – Compare the true financial impact of each option
• Interactive calculations – Tap any number to see how it's calculated
• PDF reports – Export and share your results
• Private and secure – No account required; your data stays on your device

## Compare Key Homeownership Costs

Include:
• Home purchase price
• Down payment
• Mortgage interest rate and loan term
• Closing costs
• Property taxes
• Home insurance
• Maintenance expenses
• HOA fees
• Expected home appreciation

## Compare Key Renting Costs

Include:
• Monthly rent
• Annual rent increases
• Security deposit
• Renters insurance
• Investment returns on your down payment
• Opportunity costs

## How Rentwise Works

Rentwise calculates and compares the total financial impact of buying and renting over time. It factors in mortgage payments, interest, taxes, insurance, maintenance, HOA fees, appreciation, equity growth, selling costs, rent increases, and investment returns to provide a complete picture of both options.

The app identifies your break-even point—the first year when the net cost of buying becomes less than or equal to the net cost of renting.

## Important Disclaimer

Rentwise Home is intended for educational and planning purposes only. It does not provide financial, tax, legal, or investment advice. Always conduct your own research and consult qualified professionals before making major financial decisions.