Free Rent vs Buy Calculator - Which is Better?
Compare the total cost of renting vs buying over time. Factor in appreciation, tax benefits, and opportunity cost.
Quick Answer
Rent vs buy depends on how long you'll stay, home prices, rent levels, investment returns, and tax situation. Generally, buying makes sense if staying 5+ years. Our calculator compares total costs including opportunity cost of down payment.
Key Facts about Rent vs Buy Calculator:
- Buying usually better if staying 5+ years
- Consider opportunity cost of down payment
- Tax benefits from mortgage interest (if itemizing)
- Homeownership has hidden costs (maintenance, taxes)
- Rent increases vs fixed mortgage
- Home appreciation varies significantly by market
Why Use Our Rent vs Buy Calculator?
Comparison tools:
Total Cost Comparison
Compare all costs over time.
Break-Even Analysis
When does buying win?
Opportunity Cost
Down payment invested instead.
Multiple Scenarios
Test different assumptions.
Instant Results
Get analysis immediately.
Private
Your data stays secure.
How to Rent vs Buy Calculator in 3 Easy Steps
Compare options:
Enter Rent Details
Current rent and expected increases.
Add Buy Details
Home price, mortgage, and costs.
View Comparison
See which is better over time.
Why Use Our Calculator?
Comprehensive comparison
Factor all costs
Find break-even point
Make informed decision
Common Use Cases for Rent vs Buy Calculator
Perfect for:
Frequently Asked Questions
Everything you need to know about our rent vs buy calculator
Is it better to rent or buy?
Buying often better after 5+ years. Depends on market, finances, and lifestyle.
Depends on: time horizon (5+ years favors buying), local market (price-to-rent ratio), your finances (down payment, credit), and lifestyle needs. Our calculator compares total costs.
When does buying break even?
Usually 3-7 years - calculator shows your specific break-even.
Typically 3-7 years depending on closing costs, appreciation, rent increases, and investment alternatives. Our calculator finds your specific break-even point.
Still have questions? Try the tool yourself!
Compare Rent vs BuyRelated Tools You Might Like
Explore more free tools to boost your productivity
Compare Rent vs Buy Now
Free calculator - make the best housing decision.
Compare Rent vs BuyNo signup required. Start using immediately.