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 |
|
| 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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