๐ฐ Finance
Rent vs Buy Calculator
The rent-versus-buy question is decided by more than the monthly payment. Owning carries a down payment, interest, property tax, insurance and maintenance, but builds equity. This calculator compares the two totals over your chosen horizon.
How it works
Monthly rent
Home price
Down payment
Mortgage interest rate
Years to compare
Tax, insurance and upkeep per year
Total cost of renting
Net cost of buying
Buying advantage
Average monthly cost of owning
Frequently asked questions
How do I use the Rent vs Buy Calculator?
Fill in the fields above โ the result recalculates instantly as you type. Everything runs in your browser, so the values you enter are never collected or stored.
Is this calculator free?
Yes. It is completely free, requires no account, and works on phones, tablets and desktops.