Financial Calculators
Rent vs Buy Calculator
Compare estimated long-term rent and home-buying positions using your own assumptions.
Compare estimated long-term net positions using only numbers entered in this browser. Buying includes mortgage, tax, insurance, maintenance and HOA costs; renting includes rent and renter’s insurance.
All values are estimates for planning, not financial advice. The model assumes 3% annual home appreciation and does not include closing or selling costs.
Compare housing paths with the assumptions that matter to you.
Enter your expected purchase, mortgage, ownership, rent, investment, and time-horizon assumptions. This private browser calculation estimates a simplified comparison and is not financial advice; it does not include closing or selling costs, and actual housing and investment results can differ.
Read: How to compare renting and buying a home
Frequently Asked Questions
Everything you need to know about this tool, how it works, and privacy.
How does this rent vs buy calculator compare the two options?
It estimates a monthly mortgage payment, ownership costs, rising rent, a 3% annual home-appreciation assumption, and investment growth at the rate you enter. It compares the resulting estimated net positions at the end of your chosen period.
Which costs does the comparison include and exclude?
Buying includes the mortgage, property tax, insurance, maintenance, and HOA costs you enter. Renting includes rent and renter insurance. The model does not include closing costs, selling costs, moving costs, income taxes, or changes to mortgage terms.
Is the result financial advice or a prediction?
No. It is a simplified planning estimate, not financial, tax, legal, or investment advice. Home prices, rents, returns, maintenance, insurance, and personal circumstances can change, so use several scenarios and seek qualified advice for a decision.
Do my housing and financial inputs leave my browser?
No. The calculation runs locally in your browser. CodeASystem does not upload or store the values you enter.