How long will you live in this home?
1 year
2 years
3 years
4 years
5 years
6 years
7 years
8 years
9 years
10 years
11 years
12 years
13 years
14 years
15 years
16 years
17 years
18 years
19 years
20 years
21 years
22 years
23 years
24 years
25 years
26 years
27 years
28 years
29 years
30 years
Closing Costs to Purchase (%):
Closing Costs to Sell (%):
Homeowners Insurance Rate:
Annual renovation cost (%):
Annual maintenance cost (%):
Potential Landlord-Paid Utilities:
Annual Home Price Change:
-10 %
-9 %
-8 %
-7 %
-6 %
-5 %
-4 %
-3 %
-2 %
-1 %
0 %
1 %
2 %
3 %
4 %
5 %
6 %
7 %
8 %
9 %
10 %
11 %
12 %
13 %
14 %
15 %
16 %
17 %
18 %
19 %
20 %
21 %
22 %
23 %
24 %
25 %
26 %
27 %
28 %
29 %
30 %
Annual Rent Increase or Decrease:
-10 %
-9 %
-8 %
-7 %
-6 %
-5 %
-4 %
-3 %
-2 %
-1 %
0 %
1 %
2 %
3 %
4 %
5 %
6 %
7 %
8 %
9 %
10 %
11 %
12 %
13 %
14 %
15 %
16 %
17 %
18 %
19 %
20 %
21 %
22 %
23 %
24 %
25 %
26 %
27 %
28 %
29 %
30 %
Potential Investment Rate of Return:
Buying
Expenses
Renting
Expenses
Purchase Expenses
Initial Rental Expenses
Down Payment
Rent Deposit
Closing Costs
Broker's Fee
Yearly Expenses
Yearly Expenses
Mortgage Payment*
Rent
Principal
Renter's Insurance
Interest*
HOA Fees
Property Taxes*
Utilities
Renovations
Maintenance
Homeowner's Insurance
Potential Lost Opportunity Costs
Potential Lost Opportunity Costs
Down Payment / Closing Costs
Rental Deposit / Initial Fees
Ongoing Expenses
Ongoing Expenses
Selling Expenses
Leaving Your Rental
Closing Costs
Return of Rent Deposit
Outstanding Principal
Tax on Profit (if any)
Total Proceeds
TOTALS
TOTALS
The decision to buy a home is the biggest financial decision most people will ever make and shouldn’t be taken lightly. Our Rent vs. Buy Calculator can help you sort out the complex details, short and long term. Smart and savvy shoppers should use any resource available to make the choice to rent or buy a house easier.
More Rent vs. Buy Resources
