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Rent vs Buy Calculator · 2 versions side by side.
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BASELINE
Baseline
10-yr cost difference
−$132,313
Renting is cheaper
baseline
Home price$500,000
Monthly rent$2,800
How long?10 years
Down payment %20%
Mortgage rate6.5%
Total to buy$478,393
Total to rent$346,080
OPTION A
Home price: $600,000
10-yr cost difference
−$227,991
Renting is cheaper
$95,679 vs baseline
Home price$600,000
Monthly rent$2,800
How long?10 years
Down payment %20%
Mortgage rate6.5%
Total to buy$574,071
Total to rent$346,080