Renting
Monthly Rent
$
Annual Rent Increase โ“˜
%
Renters Insurance (monthly)
$
Buying
Home Price
$
Down Payment
$
Interest Rate
%
Home Appreciation โ“˜
%/yr
Time Horizon
Over 10 Years
Calculating...
Cost Comparison
๐Ÿข Renting
Total Rent Paid$0
Renters Insurance$0
Investment Gains (down payment)$0
Net Cost of Renting$0
๐Ÿ  Buying
Mortgage Payments$0
Closing Costs$0
Tax & Insurance$0
Maintenance$0
Home Equity Gained$0
Net Cost of Buying$0
๐Ÿ“Š Cost Comparison Over Time
This chart compares the total cost of renting vs buying. Buying builds equity over time, which offsets mortgage costs. The longer you stay, the more buying tends to win.
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