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Rent vs. Buy Calculator
Discover when buying becomes cheaper than renting with our detailed breakdown of monthly costs, equity growth, and cumulative net cost over time.
Renting Costs
$
Buying Costs
$
$
%
%
$
$
$
The Breakeven Point
Based on these numbers, renting costs less in non-recoverable expenses for the full loan term. You would still build $0 in home equity.
Monthly Rent
$0
Monthly Out-of-Pocket (Buy)
$0
Unrecoverable: $0/mo
Ownership cost includes interest, taxes, insurance, and maintenance only — not principal payments, which build equity. Rent assumes 3% annual increases. Home appreciation (3% /yr) is excluded from the chart but contributes to your $0 equity at year 30.
Enter details to see the breakeven chart.
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