Loans & Debt

Rent vs Buy Calculator

Compare monthly owning costs against rent.

Your numbers

Renting is cheaper by

$623/mo

Monthly cost to own

$3,023

The link and the printed sheet both save your numbers, so anyone who opens them sees the same estimate.

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Save your current numbers, change them, save again, and see each estimate side by side. Saved in this browser only.

How it works

Owning = 30-year payment + yearly costs ÷ 12. Ignores appreciation and equity.

Renting is cheaper by$623/mo

Results are estimates for education only and are not investment advice.