Rent vs. Buy Calculator
Compare the total cost of renting against the total cost of buying. The break-even year tells you when buying starts paying off.
Break-even point — After this many years, buying is cheaper than renting.
- Initial buy cost (down + closing)$0
- Year-1 monthly: buy (P&I + tax + ins)$0
- Year-1 monthly: rent$0
- 10-year total cost: buy (net of equity)$0
- 10-year total cost: rent$0
Assumes 1.2% annual property tax and $1,500/yr insurance for the buy side. Equity = home value minus loan balance minus selling costs. Estimates only.
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