Rent vs Buy Calculator
Should you rent or buy? Get a personalized answer based on your finances, market conditions, and how long you plan to stay.
If You Continue Renting
If You Buy
How Long Do You Plan to Stay?
Keep Renting
STRONG confidence
Buying doesn't break even within 10 years. Renting and investing the difference builds about $412,845 more wealth.
Monthly Cost Comparison
Renting
$3,230
/month
Buying
$8,518
/month (PITI+)
Wealth Over Time
Net wealth = what you'd walk away with (home equity minus selling costs, or your invested portfolio), with the cheaper option's monthly savings reinvested.
Home Equity vs Investments
Home Equity at Year 10
$962,442
Investment Value at Year 10
$1,400,780
Continue Your Home Buying Journey
If buying makes sense, use these tools to plan your next steps.
Disclaimer: This calculator provides estimates for informational purposes only. Actual costs depend on market conditions, your financial situation, and various other factors. Home appreciation, rent increases, and investment returns are not guaranteed. Consult with a financial advisor and real estate professional for personalized advice.