Select from one of the handy calculators below to get the information you need to make an informed decision.

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Rent vs. Buy Analysis

This comparison will calculate the money saved over thirty years if you were to purchase a home rather than renting a property.  The time compared is adjustable for how long you plan to own the property.

Criteria for the analysis includes purchaser's tax bracket, annual home appreciation, savings earning rate, etc.  Default values have been added to show the type of input needed, or to reflect a general assumption of what is standard in most situations.  If left to defaults, this analysis will only give an estimate.

You're welcome to customize the calculation below to reflect your unique situation.  Simply change any of the "inputs" and click on "Calculate".

 
Monthly Rent: $
Monthly Renter's Insurance: $
Annual Rent Increase: %
Purchase Price: $
Appraised Value: $
House's Appreciation Rate: %
Savings Rate: %
State and Federal Tax Rate: %
Years Before Sell/Pay Off Loan:
Loan Amount: $
Term (in years):
Interest Rate: %
Discount Points: %
Origination Fee: %
Other Closing Costs: $
Yearly Property Taxes: $
Yearly Maintenance: $
Yearly Homeowner's Insurance: $
Selling Costs (% of Selling Price): %
Ownership for this Time Period
Savings: $
Total Tax Savings: $
Total Maintenance: $
Selling Price: $
Equity Upon Sale: $
Selling Costs: $
Renting Owning
Monthly Expenses Payment: $