Compare the real cost of renting versus buying a home over time. This calculator accounts for mortgage payments, property taxes, insurance, maintenance, rent increases, home appreciation, and the opportunity cost of your down payment to show you when buying starts winning financially.
How It Works
Enter your current rent, expected rent increases, and the home price you're considering
The calculator computes your full monthly cost of ownership including P&I, taxes, insurance, PMI, and maintenance
Your down payment's opportunity cost (what it could earn invested elsewhere) is factored into the buy scenario
Home appreciation and equity buildup are projected over your chosen time horizon
A break-even timeline shows exactly when buying becomes cheaper than renting
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