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Rent vs Buy Calculator

Compare the long-term true cost of renting vs buying, including opportunity cost, appreciation, and transaction costs.

Buy Scenario
$
$
Loan Term
Rent Scenario
$
$
Renting Wins at Your Horizon
$58,793
Net savings from renting over 10 years
Buy Net Cost
$152,548
Rent Net Cost
$93,755
Crossover Year
Never in horizon

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Frequently Asked Questions

  • The down payment and closing costs you'd spend on buying could instead be invested in the market. The calculator assumes the renter invests that same upfront cash at your chosen investment return rate, so the comparison is apples-to-apples.