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Home / Calculators / Rent vs. Buy Calculator
Free Calculator

Rent vs. Buy Calculator

Should you keep renting, or is it smarter to buy? Enter the numbers and instantly see the total cost of each over time โ€” and the exact year buying pays off.

The home you'd buy
Renting instead
Time frame & assumptions
Over 15 years

Net cost of buying
Net cost of renting
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How this works: “Net cost” is everything you'd pay over the time frame minus what you'd have at the end โ€” for buying, your home equity after selling costs; for renting, the investment growth on the cash you didn't tie up in a down payment. Lower is better; a negative number means you come out ahead. An estimate for comparison only, not financial advice.
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