Rent vs. Buy Calculator

Compare the total cost of renting against buying a home over a fixed time horizon.

This is an estimate based on the numbers you have entered, not financial advice. NetWorthy never recommends a specific security and never moves money on your behalf.

Monthly rent

Annual rent growth (%)

Home price

Down payment

Mortgage rate (%)

Property tax (% of price/yr)

Maintenance & insurance (% of price/yr)

Home appreciation (%/yr)

Years in home

$183,899.04

Total cost of renting

$97,655.66

Net cost of buying

Buying

Cheaper option