Rent vs. Buy Calculator

This calculator helps you understand the differences between your current rent payment and potential mortgage payment.

Understand The Cost Associated with Renting and Buying

Use this calculator to better understand what your monthly rent payment could add up to if you bought a home. Enter your monthly rent payment, expected home value, down payment and interest rate.

Rent vs. Buy

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So, here’s what it looks like based on your info.

You’ll Save:

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$

Based on the information provided, renting is a more affordable option currently.

By owning, you’ll add:

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$

Cost Breakdown

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