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Rent vs. Buy 🏠

Compare the financial outcomes of renting versus buying a home over any time horizon.

Inputs
Adjust the values below to calculate your results
Cumulative Costs
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Results
Your calculated results based on the inputs provided

Cost of Renting

$183,899.09

Over 7.00 years

Cost of Buying

$83,371.88

After equity of $177,290.51

Net Difference

$100,527.21

Buying is cheaper

Monthly Payment (Buy)

$2,269.79

P&I + HOA + Maintenance

Monthly Rent (Year 1)

$2,000.00