Rent vs Buy: Home Decision

Renting or buying — which builds more wealth? See the real numbers for your situation. Make the biggest decision wisely.

Rent vs Buy Calculator helps you make one of life's biggest financial decisions: should you rent or buy a home?

Enter your monthly rent, home price, down payment, interest rate, and how long you plan to stay. The calculator compares the total cost of renting (including rent increases and renter's insurance, minus investment returns on your down payment) against the total cost of buying (including mortgage, property tax, insurance, and maintenance, minus equity and home appreciation).

Features:

• Year-by-year cost comparison
• Breakeven analysis showing when buying becomes cheaper
• Clear RENT or BUY recommendation
• Cost snapshots at 5, 10, 15, and 30 year marks
• Accounts for rent increases, home appreciation, and investment returns
• Easy-to-use sliders and inputs
• Share your results

Make your housing decision with confidence.