Should I buy or rent a house? Use the rent vs. buy calculator to calculate help you decide whether it makes more sense to buy or rent.
Please enter a home value greater or equal to $50,000Should I buy or rent a house? |
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House Price | |
Downpayment | % |
Interest Rate | % |
Loan Term | |
Closing Cost | |
House Insurance per Year | |
Property Tax per Year | |
Property Tax Increase per Year | % |
Renting an Apartment |
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Monthly Rent | |
Monthly Renter Insurance | |
Broker Fee | |
Security Deposit | |
Rent Increase Per Year | % |
Cost Breakdown |
Buy | Rent |
Upfront Cost | ||
Initial Monthly Cost | ||
Cost after 5 years | ||
Cost after 10 years | ||
Cost after 15 years | ||
Cost after 20 years | ||
Cost after 25 years | ||
Cost after 30 years |
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