Rent vs Buy Calculator
Enter your home price, mortgage rate, and rent to find the exact year buying becomes cheaper than renting — accounting for appreciation, opportunity cost, selling fees, and the full PITI payment.
Buying wins after 5 years
Based on a 10-year analysis · adjust inputs to explore scenarios
$404,196
out of pocket, incl. down payment
$304,646
rent + renter's insurance
$2,602/mo
PITI + HOA + maint.
$2,217/mo
rent + insurance
Year 5
buying wins from here
$537,567
3%/yr appreciation
$262,967
after mortgage paydown
Buying Costs
Loan Term
Renting Costs
Financial Assumptions
Years to Analyze
Year-by-Year Comparison
| Year | Cumulative Buy | Cumulative Rent | Home Equity | Winner |
|---|---|---|---|---|
| Yr 1 | $123,220 | $26,600 | $95,251 | Rent |
| Yr 3 | $185,659 | $82,200 | $127,565 | Rent |
| Yr 5 | $248,098 | $141,161 | $162,489 | Buy |
| Yr 10 | $404,196 | $304,646 | $262,967 | Buy |
Numbers never leave your browser · Not financial advice
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