Rent vs. Buy Calculator

Make the smartest financial decision with our comprehensive analysis tool. Compare renting vs buying with advanced projections, tax benefits, and opportunity cost calculations.

How to Use This Calculator

  1. Start with Scenarios: Choose a scenario (Standard, Conservative, or Optimistic) to pre-fill key market assumptions. You can customize any value afterwards.
  2. Enter Basic Inputs: Fill in the details for the home you're considering and your current rental situation. Use the sliders for quick adjustments.
  3. Refine with Advanced Settings: Use the tabs (Advanced, Tax, Lifestyle) to input more detailed information for a more accurate comparison.
  4. Calculate & Analyze: Click the "Calculate & Compare" button to see your results.
  5. Review the Results: Check the summary, detailed charts, and comparison table to understand the financial implications of buying versus renting over time.

General Settings i Core assumptions that affect both buying and renting scenarios

Home Purchase Details i Details about the home you're considering purchasing

$128,000

Rental Details i Information about your rental alternative

My Favorite Services & Deals For You

I genuinely use and love these services. If you sign up with my link, we often both get a bonus—a true win-win!

Lifestyle & Ridesharing

ClassPass

Get a free trial with 20 bonus credits...

Claim Free Trial

Uber

Get 50% off your first 2 rides (up to $10 each)...

Get Discount

Lyft

Enjoy 50% off your first 2 rides...

Sign Up & Save

Finance & Investing

M1 Finance

Get $75 when you sign up and fund a new investment account...

Get $75 Bonus

Robinhood

Sign up with my link and we'll both get to pick a free gift stock...

Get a Free Stock

Chase Credit Cards

Earn huge bonus points (60k-90k) or cash back...

Explore Cards

Venmo

The easiest way to pay friends and family...

Join Venmo

Webull

Join today and get up to 20 free stocks when you fund your account...

Get Free Stocks

Crypto.com

A great platform for buying and selling cryptocurrencies...

Explore Crypto

Monarch Money

My favorite tool for tracking all my finances in one place...

Try for Free

AI & Tech

Claude.ai

Each sign-up gives you a chance to win 4 months of the Max plan...

Get Invite