Buy vs Rent Analysis

Compare total wealth after X years for buying versus renting, including equity, investments, and all costs.

Scenario Details

Enter home price, rent, and assumptions

Home Purchase

Home Price ($)

Down Payment (%)

Mortgage Rate (%)

Mortgage Term (years)

Property Tax Rate (%/yr)

Home Insurance ($/yr)

Maintenance (%/yr)

Home Appreciation (%/yr)

Closing Costs (%)

Rent Details

Monthly Rent ($)

Rent Inflation (%/yr)

Renter's Insurance ($/yr)

Investment & Time Horizon

Investment Return (%/yr)

Years to Compare

Bottom Line

Renting leaves you $43,213.99 ahead

After 10 years of ownership vs. renting

Wealth Accumulation Over Time

Final Home Value

$537,566.55

After appreciation

Rent Portfolio Value

$309,496.94

If you invest the difference

Buy

Own your home

Net Wealth

$266,282.95

Home equity at end of period

Remaining Mortgage

$271,283.6

Total Paid (All Costs)

$453,596.26

Rent

Invest the difference

Recommended

Net Wealth

$309,496.94

Investment portfolio value

Total Rent Paid

$278,133.1

Investment Growth

$309,496.94

Key assumptions: This analysis assumes consistent market returns, steady home appreciation, and that you actually invest the rent savings. Real-world factors like maintenance surprises, market volatility, and lifestyle changes can significantly impact results.