Rent vs. Buy Calculator
Compare the net cost of renting versus buying over time to find out when buying becomes the smarter financial choice.
Renting Details
$2,500
3%
Buying Details
$400,000
10% ($40,000)
6.5%
3%
The Verdict
Buying becomes cheaper than renting after 3 years.
Net Cost of Buying (Year 30)
$-131,745
Includes home equity gained.
Net Cost of Renting (Year 30)
$1,427,262
Sunk cost with no equity gained.