Rent vs. Buy Total Cost Calculator

Compare estimated rent costs with mortgage, taxes, insurance, HOA, maintenance, closing and selling costs over your planned stay.

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The prefilled values are an example. Replace them with your own figures. All money amounts are in US dollars.

Planned time in home (years)

Current monthly rent (USD)

Monthly renters insurance (USD)

Annual rent growth (%)

Home purchase price (USD)

Down payment (USD)

Mortgage APR (%)

Mortgage term (years)

Buyer closing costs (% of price)

Annual property tax (% of home value)

Monthly homeowners insurance (USD)

Monthly HOA fees (USD)

Annual maintenance allowance (% of value)

Estimated annual home appreciation (%)

Selling costs (% of sale price)

Calculated locally in your browser. This calculator does not send your inputs or save them on the server.

How to use this tool

Replace the example values with the written terms or costs that apply to you. Select Calculate, review the limitations, and compare another scenario before making a decision.