Rent vs buy calculator

Rent-vs-buy comparisons work best when they include more than the mortgage payment alone, including taxes, insurance, maintenance, appreciation, closing costs, rent increases, and the time horizon [web:228]. A common shortcut is the 5% rule, which estimates the unrecoverable annual cost of owning at about 5% of the home price, but a full calculator gives a more precise comparison [web:231].

Comparison result