Rent vs Buy Calculator
Comparison
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Monthly Costs Comparison
Buying Monthly Cost
Renting Monthly Cost
Total Home Ownership Cost
The total cost of home ownership is more than just mortgage payments. Additional monthly costs include homeowner's insurance, property taxes, Home Owners Association (HOA) dues or Condo fees, and maintainance costs. Use the options below to calcuate the full cost of homeownership. Enter your zipcode for more accurate estimates of property taxes and insurance.
Mortgage Payment
PMI
Property Taxes
Insurance
Association Dues
Other Maintainence
Utilities
Total Cost
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Tax Savings
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Net Month Cost
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Total Renting Cost
The total cost of home renting is more than just rent payments. Additional monthly costs include renter's insurance, and utilities costs. Use the options below to calcuate more accurate estimates of the full cost of renting.
Rent
Utilities
Renters Insurance
Other
Total Monthly Cost:
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Results
If you stay in this home for:
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Then better option is:
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Renting
Total Cost
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Buying
Total Cost
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Savings by
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Total Costs Over Time
Year
Break Even
Buy
Rent
| Costs After - | Rent | Buy |
|---|---|---|
| Initial | 0 | |
| Recurring | ||
| Opportunity | ||
| Selling | 0 | |
| Proceeds | 0 | |
| Total Costs | - | - |
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