All calculatorsRent vs. Buy Calculator
When does buying actually beat renting?
We'll compare the true cost of owning (payment, taxes, maintenance, equity) against renting and investing the difference. The breakeven year is the moment buying wins.
Buying
$
%
yrs
%/yr
$/mo
%/yr
%/yr
Renting
$
%/yr
If you invested the savings + down payment
%/yr
Monthly ownership cost
$4,574
Monthly rent (today)
$2,800
Breakeven point
Never (in 30 yrs)
Renting wins in this scenario
Net cost over time
Lower is better. Buy line factors in equity; rent line factors in investing the difference.
Buying makes sense if…
- You'll stay put past the breakeven point
- You want forced savings via equity
- You're ready for the upkeep
Renting makes sense if…
- You might move in the next few years
- You'd actually invest the difference
- You want zero maintenance surprises
Want a real human to run the numbers?
Calculators give you a starting point. We'll give you the actual rate, the actual payment, and the honest answer about whether the move makes sense.
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