Money & Planning

Rent vs Buy Calculator

Compare renting and buying using mortgage payments, home equity, appreciation, rent increases, selling costs, and investment returns.

Last updated: August 2026

After 10 years, buying is projected to leave you about $13,864 ahead.

Buy net position$234,029
Rent net position$220,164
Difference$13,864
Mortgage payment$2,023
Home value$537,567
Mortgage balance$271,284

Rent vs buy chart

Buyer and renter net position by year$0$117,014$234,029Year 1: Buy $70,857, rent $104,619Year 2: Buy $86,291, rent $117,321Year 3: Buy $102,330, rent $130,093Year 4: Buy $119,001, rent $142,921Year 5: Buy $136,332, rent $155,791Year 6: Buy $154,354, rent $168,687Year 7: Buy $173,101, rent $181,592Year 8: Buy $192,604, rent $194,487Year 9: Buy $212,901, rent $207,351Year 10: Buy $234,029, rent $220,164Buyer net positionRenter net positionYearNet position (USD)

Comparison horizons

YearBuyerRenterDifference
1$70,857$104,619-$33,763
2$86,291$117,321-$31,030
3$102,330$130,093-$27,763
4$119,001$142,921-$23,920
5$136,332$155,791-$19,459
6$154,354$168,687-$14,332
7$173,101$181,592-$8,491
8$192,604$194,487-$1,882
9$212,901$207,351$5,550
10$234,029$220,164$13,864

This is a financial projection, not mortgage, investment, tax, or real-estate advice. Returns, appreciation, maintenance, rents, and transaction costs can differ.