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HomeToolsCalculatorsRent vs. Buy Calculator

Rent vs. Buy Calculator

Use the rent versus buy calculator below to help you to compare the costs of renting to the costs of buying a home.


Monthly rent — $ 
Monthly rental insurance — $ 
Expected annual inflation rate —    %
Purchase price of home — $ 
Down payment amount — $ 
Length of mortgage term (# of years) —   
Mortgage's annual interest rate —    %
Discount points on purchase of home —    %
Origination fees —    %
Other loan costs — $ 
Mortgage Insurance (PMI %) —    %
Homeowner's insurance rate —    %
Monthly association dues — $ 
Average monthly maintenance — $ 
Annual property tax — $ 
Income tax rate —    %
Interest rate you expect to earn on savings —    %
Expected percentage your home will appreciate by each year —    %
Number of years you will stay at this property —   
REALTOR® commission rate —    %
Total estimated cost of renting —   
Total estimated cost of buying —   




Disclaimer: Information is provided for sample purposes only. does not guarantee its accuracy. Information should be verified and should not be relied upon as legal, financial, or other advice.

          Erik was a great listener, and always very thorough with my requests. He also gave me some really sound advice which ended up saving me money in the long run. - Shannon Nolting
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