Rent Vs. Buy Calculator
Use this calculator to get a detailed 5-year cost comparison of renting vs. buying.
Your rent payment is {{results.totalRentPayment | format_money}} and your mortgage payment could be approximately {{results.totalPayment | format_money}}
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Additional Monthly Cost to Own
{{results.diffToOwn | format_money}} You save {{(-1 * results.diffToOwn) | format_money}} per month (year 1)
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Savings of Ownership vs. Renting
{{results.additionalBenefits | format_money}} over 5 years
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*Based on a 30 year fixed rate loan
**All results rounded to the nearest dollar
5 Year Cost Comparison
Annual Housing Costs Over Time
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