Tools
Rent vs Buy Calculator
Compare the true long-term cost of renting versus buying, including equity, appreciation, and your break-even point.
Cumulative Cost Over 7 Years
Renting Buying (net of equity)
Total Cost of Renting (7 yrs)
$183,899
Total Cost of Buying (7 yrs)
$297,187
Equity Built by Year 7
$163,819
Break-even Point
Year 1
Net savings of buying vs renting
$50,530
This is a simplified projection for educational purposes. Real outcomes depend on taxes, maintenance, closing costs, market conditions, and your specific loan terms.