Buy vs. Rent Calculator

Renting:
Monthly Rent $
Monthly Investment $
Annual Rent Increase %
Investment Appreciation %

Buying:
Cost of House/Condo $
Maintenance and Fees $
Home Value Appreciation %
Mortgage Rate %
Mortgage Years
Down Payment $





Welcome to our Buy vs. Rent Calculator


There are a lot of factors that come into play when deciding whether to buy or rent your next home. Buying is often better for the long term, but what if you know you'll be moving to a new city in 2 years, or you'll need a couple extra bedrooms in 5 years.

What can you afford to pay out of pocket during that time, and which decision will leave you better off financially when it comes time to make the next move?

Put your best estimates into the boxes on the left, and continue on to see several charts showing the difference between buying and renting.

Have you been renting for years at $1,100/month but don't think you can afford to buy? Maybe you'd be surprised. Test a few combinations of numbers here to find out.


Have feedback? Please email us at info@hotpads.com.