Rent vs Buy Calculator
Compare the true cost of renting versus buying a home over time.
Enter your values to see the result.
Results are estimates for planning only. Actual figures depend on your lender or bank, fees, rounding and the exact dates used, so confirm the numbers before you sign anything.
Continue your work
- Mortgage Calculator — Look at the mortgage payment in detail.
- Investment Calculator — Project the renter’s investments.
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Clear instructions
Find steps, examples and limitations below.
Use online
Open the tool in a supported web browser.
Free to use
No sign-up required. Tool-specific limits may apply.
How to use the Rent vs Buy Calculator
Compare the true cost of renting versus buying a home over time.
- 1 Enter the home price, down payment, mortgage details and ownership costs.
- 2 Enter the rent for a similar home and the investment return.
- 3 Read which option leaves you wealthier after the years you plan to stay.
Example and practical tips
Staying only 3 years often favours renting because buying and selling costs are high; staying 10+ years often favours buying.
Frequently asked questions
What does the comparison measure?
The wealth each path leaves you with: home equity after selling costs versus the renter’s invested savings.
Are taxes included?
No. Tax deductions and capital gains rules vary by country, so they are left out.
Report an issue
Something broken or not quite right? Tell us and we will look into it.