Rent vs Buy Calculator

What buying leaves you with against what renting and investing the difference leaves you with, over a horizon you choose.

Purchase price

Deposit

The money that would otherwise be invested.

Mortgage rate percent a year

Mortgage term years

Rent for a comparable home

Annual ownership costs

Property tax, insurance, maintenance, fees. Everything the mortgage does not cover.

House price growth percent a year

Rent growth percent a year

Return on invested money percent a year

What the deposit and the monthly difference would earn if they were invested instead.

Years before comparing years

Buying usually wins later rather than sooner, so try more than one horizon.

Reset

Free calculator by Calculators worked examples and methodology No account, nothing stored.