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FINANCE
Rent vs. Buy Calculator
Estimate rent vs. buy with transparent assumptions.
Choose a rent-versus-buy resultCompare a chosen stay or estimate the first year buying becomes less costly.
2 optionsBUYING COSTS LESS$105,367.47
7-year net cost difference after estimated equity, sale costs, rent increases, and investment return. Lower-cost option: buying. Average property-tax growth factor: 1.062; ownership-cost growth factor: 1.062; estimated marginal-tax benefit: 29.00%. Staying Length: 7 years; Monthly: $2,200.00; 1 Year: $18,793.10; 2 Years: $2,274.31; 3 Years: $15,820.94; 4 Years: $35,560.27; 5 Years: $57,014.45; 6 Years: $80,257.63; 7 Years: $105,367.47; 8 Years: $132,425.35; 9 Years: $161,516.51; 10 Years: $192,730.34; 11 Years: $226,160.53; 12 Years: $261,905.30; 13 Years: $300,067.68; 14 Years: $340,755.73.
Estimate based on the values shownFormula checkedCompares mortgage and ownership cash costs, remaining equity, sale costs, rent escalation, and the investment opportunity cost of upfront cash. Escalates ownership costs and includes an estimated marginal-tax benefit. Adds a monthly and years 1–14 comparison projection.