Rent vs. Buy Calculator

Our free calculator helps you decide whether you should buy or rent.

Compare the costs of buying and renting to see which makes the most sense for you!

HOW DOES IT WORK?

Enter estimated Rent, Home Purchase, and Financial Information.
This calculator analyzes the total cost to rent versus the total cost to own.
To estimate taxes, insurance, and maintenance, select appropriate box.
Not all calculated values are displayed. Home appreciation and rent increase values vary by area

HOW TO INTERPERATE THE RESULTS

A positive/negative Home Purchase Benefit indicates the financial advantage/disadvantage of owning your own home.
Various intangible factors can be analyzed in this decision such as relocation possibilities, pride of ownership, improved lifestyle, etc

Disclaimer: We cannot guarantee the accuracy of this calculator. You should check with your finance provider before entering into any contracts.