Buy vs Rent Calculator
Model the long-term financial impact of buying versus renting. Enter your home details, rental market, and market assumptions to see which option builds more wealth over your chosen time horizon — including full mortgage payment breakdown and tax benefit analysis.
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$80,000 down · $320,000 loan
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$16,000
Monthly Breakdown
Total Monthly Cost$2,906
Principal & Interest
$2,023Property Tax
$400Insurance
$150Maintenance
$333Loan Amount
$320,000
Down Payment
$80,000
Upfront Costs
$96,000
Upfront Cost Breakdown
Down Payment (20%)$80,000
Closing Costs (4%)$16,000
Total Cash Needed$96,000
Is buying actually better than renting?
Compare net worth outcomes over your time horizon.
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