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Rent vs Buy Calculator

Compare the true 5-year cost of renting versus buying a home, including equity buildup and opportunity cost.

Calculation Inputs

Calculation Results

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Enter inputs on the left and click Calculate to view results.

Formula & Methodology

Buy Cost = Mortgage Payments + Taxes + Maintenance − Equity; Rent Cost = Rent × Months

Compares cumulative costs over the selected period including appreciation, equity, and opportunity cost on down payment.

Frequently Asked Questions

When does buying beat renting?

Buying typically wins after 5+ years in appreciating markets, once equity and appreciation offset closing costs.