Rent vs Buy Calculator

Compare the long-term financial outcome of renting versus buying a home.

๐Ÿ  Buying Details

Costs associated with purchasing a home.

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$80,000.00

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๐Ÿ”‘ Renting Details

Current rent and expected increases.

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๐Ÿ“Š Financial Assumptions

Tax rate and alternative investment return.

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Used to calculate mortgage interest tax deduction benefit.

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Expected annual return if you invest the down payment and cost savings instead.

Frequently Asked Questions