Buy vs Rent Calculator

Compare the financial impact of buying versus renting

Monetary value in dollars or specified currency.
$
Enter the down payment value for this calculation.
$
The speed or frequency at which something occurs.
%
Time measurement in months.
$
Enter the annual appreciation value for this calculation.
%
Time measurement in years.
years

Results

Monthly Mortgage (P&I):
Calculated monthly mortgage (p&i) based on your inputs.
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Total Rent Paid:
Sum of all calculated values.
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Total Mortgage Paid:
Sum of all calculated values.
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Equity Built:
Calculated equity built based on your inputs.
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Analysis:
Calculated analysis based on your inputs.
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Reference: Industry Standards.