🏡 Rent vs Buy Calculator

How to Use the Rent vs Buy Calculator

Compare the total cost of renting versus buying a home over a specific time period. The calculator includes maintenance (1%), property tax (1.2%), and insurance (0.5%) for buying costs.

What costs are included for buying?

Mortgage payments, down payment, annual maintenance (1% of home price), property tax (1.2%), and homeowners insurance (0.5%).

Does this account for rent increases?

Yes, rent is assumed to increase by 3% annually to reflect typical market conditions.