Rent vs. Home Buying Calculator: Make Smarter Housing Decisions
Our Rent vs. Buy Calculator is a simple and powerful tool that helps you compare the long-term costs of renting versus buying a home. By inputting key details like monthly rent, home price, mortgage rate, and years of comparison, you can see which option makes more financial sense for you. Whether you're a first-time home buyer or debating whether to continue renting, this calculator will give you a clear picture of the potential costs and savings associated with each choice. Start planning your financial future with confidence today!
Users input their monthly rent, home price, mortgage rate, down payment, home appreciation rate, and the number of years they want to compare.
The tool calculates the total cost of renting and buying over the specified time period.
Results are shown for the total cost of renting and buying, factoring in home appreciation and mortgage payments.