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Rent vs Buy Calculator

Compare the true cost of renting vs buying to find your break-even price.

Enter your rent and a home price you'd consider. We reverse-engineer whether buying beats renting over the period, accounting for mortgage, taxes, insurance, rent growth, and home appreciation.

Verdict

If instead of renting you buy a $400,000 house at 6% for 10 years, you'll save $260,516 vs. renting.

Buy (net cost)

$66,509

Rent (net cost)

$327,025

Break-even price: $1,454,500
Max home price where buying ties renting

Mortgage P+I: $1,919/mo · Equity at sale: $344,670 · Home value in 10yr: $651,558