Should I rent or buy?
This calculator compares the cost of renting versus the real cost of buying a home.

Rent Information
Monthly rent $
Monthly renter's insurance $
How much will rent increase each year? %
Purchase Information
Home price $
Down payment

Interest rate %
Loan term
Points %
Closing cost for buying $
Home Information
Annual property tax $
Average monthly maintenance $
Monthly homeowner's insurance $
How much will your home appreciate each year? %
Other monthly costs
(Association dues, etc...)
Personal Information
State and Federal tax rate %
Investment rate of return
(or bank account savings rate)
How many years you will stay in this property?
Sale Information
Real estate agent commission
Closing cost for selling $

Calculator tips

The information and analysis provided by these calculators is for illustrative purposes only. The figures shown are theoretical and may not be applicable in all situations. Consult a financial professional prior to relying on the results. The accuracy of the calculated results is not guaranteed and is intended for illustrative purposes only.