Rent vs Buy
Compare the true cost of renting versus buying a home
🏠 Renting
Monthly Rent
Annual Rent Increase (%)
Renter's Insurance (monthly)
🔑 Buying
Home Price
Down Payment (%)
Mortgage Rate (%)
Loan Term (years)
Property Tax Rate (%/year)
Home Insurance (monthly)
Maintenance (% of home value/year)
HOA Fees (monthly)
Investment Return (%/year)
Home Appreciation (%/year)
Currency
$ USD
€ EUR
£ GBP
₺ TRY
Time Horizon
10 years
Results
Adjust inputs to see results
Total Cost of Renting
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Total Cost of Buying
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Break-even Point
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Net Savings
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Equity Built (Buying)
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Investment Returns (Renting)
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Sensitivity Analysis
What if home appreciation changes?
Home Appreciation
Rent Total
Buy Total
Difference
Assumptions
Mortgage calculated using standard amortization formula
Rent increases applied annually at the specified rate
Down payment opportunity cost calculated at the investment return rate
Property tax and maintenance scale with home value appreciation
Closing costs and selling costs are not included
Tax deductions from mortgage interest are not included
All costs are in nominal (non-inflation-adjusted) terms