Rent vs Buy (Home)

Compare the net cost of renting with buying a home over a number of years, free online.

Home Price

Down Payment (%)

Mortgage Rate (% per year)

Years you will stay

Monthly Rent

Annual rent increase (%)

Annual home price growth (%)

Tax + maintenance (% of price / year)

About this calculator

Buying costs the down payment, mortgage payments, property tax and maintenance, but you get back the home's sale value minus the remaining loan. Renting costs the rent, which grows each year. The side with the lower net cost over your holding period wins.