Financial
Rent vs. Buy Calculator
Compare the net cost of renting vs. buying a home over your expected time in the property, including equity built and appreciation.
Currency for this calculator
Net Cost of Buying (7y)
$117,282.32
- Cost of Renting (7y)$168,000.00
- Buying is cheaper by$50,717.68
- Home Equity Built$202,617.56
A simplified comparison — ignores rent growth, investment returns on the money not tied up in a down payment, and selling costs.
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