Personal Finance
Rent vs Buy Calculator
Rough cash comparison of renting vs owning over N years.
Free to use — no sign-up or login.
Total rent paid
Ownership cash cost
Rent − own cost
Amortization schedule
| # | Date | Payment | Principal | Extra | Interest | Balance |
|---|---|---|---|---|---|---|
This free Rent vs Buy Calculator covers Rough cash comparison of renting vs owning over N years.
Compares total rent cash to ownership cash outflow net of rough equity. Related personal finance tools sit beside How it works, with no account required.
Using the Rent vs Buy Calculator
Rough cash comparison of renting vs owning over N years. Typical inputs are Monthly rent, Monthly mortgage, Tax/insurance monthly and Annual maintenance. How it works beside the form states the identity the Rent vs Buy Calculator applies.
FAQ
How do I use the Rent vs Buy Calculator?
Open the Rent vs Buy Calculator, fill Monthly rent, Monthly mortgage, Tax/insurance monthly and Annual maintenance, and read the result. Enter Monthly rent, Monthly mortgage, Tax/insurance monthly, Annual maintenance, Years, Home price, and Loan balance after N years for the Rent vs Buy Calculator; retain the units printed in each label. The calculator reports Total rent paid, Ownership cash cost, and Rent − own cost: Compares total rent cash to ownership cash outflow net of rough equity. This simplified comparison omits appreciation, transaction costs, and tax effects.
What formula does the Rent vs Buy Calculator use?
The Rent vs Buy Calculator uses the identity in How it works. In words: Enter Monthly rent, Monthly mortgage, Tax/insurance monthly, Annual maintenance, Years, Home price, and Loan balance after N years for the Rent vs Buy Calculator; retain the units printed in each label. The calculator reports Total rent paid, Ownership cash cost, and Rent − own cost: Compares total rent cash to ownership cash outflow net of rough equity. This simplified comparison omits appreciation, transaction costs, and tax effects.
Assumptions and limitations
Personal finance figures are illustrative. Taxes, insurance, fees, and lender overlays are omitted unless a field names them. This is not financial advice.