Rent vs Buy

Compare renting and buying by modeling long-term housing costs and net position. Free online calculator with formulas and step-by-step solutions.

Key formula

housing comparison using rent growth, home equity, and investment opportunity cost

About this tool

Rent-versus-buy decisions are easier when users can compare long-term position instead of only comparing a single rent number with a single mortgage number. This page helps frame housing as a time-horizon and opportunity-cost decision.

How to use this calculator

  1. Enter the main planning inputs first, such as amount, rate, term, or contribution.
  2. Check the assumptions behind the result, especially rate, taxes, fees, or timing.
  3. Use the output as a planning baseline rather than a final legal or lender-approved figure.
  4. Review the formula steps so you can see exactly how the estimate was constructed.

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