Financial Toolset

Rent vs Buy Calculator

This calculator helps you compare the true cost of renting versus buying a home by considering all associated costs and potential appreciation.

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Rent vs Buy Calculator

Compare the financial impact of renting versus buying a home over time

Renting

Buying

Calculation Pending

This comparison calculator is still being migrated to the shared template. Inputs render correctly, but the calculation logic has not been wired up yet.

Tips

  • ✓Include all costs - not just rent/mortgage
  • ✓Consider your expected time in the home
  • ✓Factor in opportunity cost of down payment
  • ✓Remember tax benefits of homeownership
  • ✓Account for home appreciation potential

Important Considerations

  • ⚠Past appreciation doesn't guarantee future gains
  • ⚠Maintenance costs can vary significantly
  • ⚠Market conditions affect both rent and home prices
  • ⚠Transaction costs can be substantial

Understanding Rent vs Buy

The decision to rent or buy depends on numerous financial and personal factors including your financial situation, how long you plan to stay, and local market conditions.

Key Factors to Consider

Beyond the numbers, consider factors like flexibility, maintenance responsibilities, tax benefits, and building equity when making your decision.

Key Financial Terms

Understand the essential concepts behind this calculator

30% Rent Rule

A budgeting guideline stating that housing costs should not exceed 30% of gross monthly income to maintain financial stability.

Learn more →
View all financial terms in our glossary →

Frequently Asked Questions

Common questions about the Rent vs Buy Calculator

Generally, if you plan to stay less than 5 years, renting often makes more financial sense due to transaction costs.

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⚠️ Important Disclaimer

This Rent vs Buy Calculator provides estimates for educational and informational purposes only. Actual results may vary significantly based on individual circumstances, market conditions, regulatory changes, and other factors beyond the scope of this calculator.

The calculations and projections provided are based on assumptions and historical data that may not reflect future performance.Past performance does not guarantee future results.

This tool is not financial advice, tax advice, legal advice, or investment advice. For personalized guidance tailored to your specific situation, please consult with qualified professionals including:

  • Certified Financial Planner (CFP)
  • Certified Public Accountant (CPA) for tax matters
  • Licensed attorney for legal matters
  • Registered Investment Advisor (RIA) for investment decisions

Data Accuracy: All data sources, statistics, and rates were verified as accurate as of October 2025. Tax rates, market conditions, and other financial data change over time. Always verify current rates and consult official sources.

No Warranties: While we strive for accuracy, we make no warranties or guarantees regarding the accuracy, completeness, or reliability of any information provided. Use this tool at your own risk.