mortgage-housing

Rent vs Buy Calculator

Compare the long-term financial impact of renting versus buying a home, factoring in equity, appreciation, and recurring costs.

Calculator Inputs

This is the first form shell for the calculator engine.

Home Price

Down Payment

Interest Rate

Loan Term (Years)

Current Monthly Rent

Annual Rent Increase

Years Staying

Property Tax Rate

Monthly Insurance

Annual Maintenance

Monthly HOA

Purchase Closing Costs

Selling Costs

Home Appreciation Rate

Initial result block for the calculator engine.

Total Cost to Rent

$95,564.44

Net Cost to Buy

$98,809.15

Difference

$3,244.70

Recommendation

Renting is cheaper

Break-Even Year

Year 6

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