Rent Vs Buy Calculator
A housing ledger
Rent vs Buy
CALCULATED FOR INFORMATIONAL
PURPOSES ONLY
PURPOSES ONLY
Renting
$
%/yr
$
Owning
$
$
$
%/yr
% of value
%/yr
% of price
Financing & horizon
%
years
years
%/yr
%
Default amounts are hypothetical and may not reflect your situation. Assumes a fixed-rate mortgage, mortgage-interest tax deduction, and a same-size sum invested by the renter instead of a down payment. For informational purposes only — not a lending offer.
Should you rent or own?
—
Enter your numbers and calculate to see the ledger.
Avg. monthly payment, renting
$0
Avg. monthly payment, owning (PITI)
$0
Breakeven year
—
Net cost of each choice, year by year
Total spent minus what you'd walk away with if you sold or cashed out that year.
Renting
Owning
Breakeven
Full report
| Year | Rent paid (yr) | Own cash out (yr) | Home value | Loan balance | Rent: net cost | Own: net cost |
|---|
