Rent or Buy — A Comparison
Compare renting versus buying by entering your monthly budget and down payment. If you rent, the down payment amount is assumed to be invested instead.
Your Scenario
Monthly Amount You Want to Spend ($)
Down Payment (or Investment if Renting) ($)
Current Annual Interest Rate (%)
Length of Loan (Years)
Expected Long-Term Inflation (%)
Used to project future home value
Expected Long-Term Investment Return (%)
Used to project growth of the down payment if invested
Expected Long-Term Tax Rate (%)
Used to calculate mortgage interest tax savings
Calculate Comparison