Rent vs Buy Calculator

Time Horizon
7 Years
Renting Details
$
%
$
Buying Details
$
5%
$
%
Property Expenses & Market
$
$
$
%

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Buying Saves $0

Over Selected Time Horizon
Total Cost to Rent (Sunk)$0
Net Cost to Buy$0
Est. Home Value at Sale$0
Net Cost to Buy assumes you sell the home at the end of the time horizon. It includes your down payment, closing costs (3%), all monthly payments, taxes, insurance, and maintenance, minus the cash you get back at closing (after paying off the remaining loan and 6% seller commissions). A negative Net Cost means you made a profit.

The results provided by this mortgage calculator are estimates only and are for informational purposes.

Year-by-Year Comparison