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Rent vs Buy Calculator
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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 rate
6.5%
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 rate
6.5%
Total to buy
$574,071
Total to rent
$346,080
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