Free · Finance · Mortgages & Home
Rent vs. Buy Calculator
Compare simplified multi-year net cost of renting with homeownership after equity and selling costs.
- Checked formula
- Private in your browser
- No signup
Result
Your calculation
- Buying costs less by
- $18,220.28
- Net buy cost
- $191,779.72
- Rent cost
- $210,000.00
- Estimated sale equity
- $270,759.05
- Mortgage payment
- $2,877.84
This simplified comparison omits rent growth, investment opportunity cost, closing costs, tax effects, major repairs, and transaction timing.
How to use this calculator
- Enter the amount, rate, timing, and fees that apply to your scenario.
- Calculate to compare the periodic result with total cost or growth.
- Change one assumption at a time and confirm current rates or rules before deciding.
Use the result with context
Results are estimates for planning and education. Confirm rates, taxes, fees, and legal requirements with the relevant institution or a qualified professional before making a financial decision.