Rent or buy?
Answer what you already know. We work out the rest.
Five questions. That is all.
What the house costs
$
Cash you put in at the start
$
Just the bank payment, without taxes or insurance
$
Most loans are 30 years
years
What you would pay to rent instead of buying
$
To come out ahead by renting, you would need to earn
—
per year on your investments
—
—
—
How your money grows
If you buy
—
If you rent and invest
—
What we assumed for you
- Property tax1.1% / year
- Home insurance0.5% / year
- Maintenance1.0% / year
- HOA fees$0 / month
- Closing costs2.5% of price
- Selling costs6.0% of value
- Rent increases3.0% / year
- Renter insurance$15 / month
Switch to Pro to change any of these.
Advanced settings
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