Rent vs Buy Calculator
Compare buying a home versus renting with this interactive rent vs buy calculator. Estimate mortgage payments, home equity, renter investment growth, and long-term advantage with a chart and yearly breakdown.
Inputs
Compare homeowner equity after sale with the renter's invested savings over time.
Monthly mortgage
1,517
Buyer equity after sale
196,511
Renter portfolio
166,722
Advantage
Buy +29,788
After 10 years, buying is projected to leave you with 196,511 of sale-adjusted equity, while renting may grow to 166,722 if the upfront cash and monthly savings difference are invested.
Rent vs buy comparison chart
Compare buyer equity after selling costs with the renter's investment balance year by year.
Year 10
Hover or drag across the chart to inspect values.
196,511
166,722
Yearly rent vs buy breakdown
Review home value, remaining mortgage, buyer equity, renter portfolio, and cumulative housing cash outflows at each year.
| Year | Buyer equity | Renter portfolio | Home value | Mortgage balance | Owner cash outflow | Rent paid |
|---|---|---|---|---|---|---|
| 1 | 54,712 | 78,566 | 310,670 | 237,317 | 35,430 | 22,000 |
| 2 | 67,961 | 88,146 | 321,720 | 234,455 | 62,099 | 44,897 |
| 3 | 81,771 | 97,711 | 333,162 | 231,401 | 89,016 | 68,727 |
| 4 | 96,168 | 107,229 | 345,012 | 228,143 | 116,190 | 93,527 |
| 5 | 111,180 | 116,667 | 357,283 | 224,666 | 143,629 | 119,338 |
| 6 | 126,834 | 125,985 | 369,990 | 220,957 | 171,344 | 146,201 |
| 7 | 143,162 | 135,225 | 383,150 | 216,999 | 199,343 | 174,157 |
| 8 | 160,195 | 145,001 | 396,777 | 212,776 | 227,637 | 203,253 |
| 9 | 177,966 | 155,483 | 410,889 | 208,270 | 256,237 | 233,535 |
| 10 | 196,511 | 166,722 | 425,503 | 203,463 | 285,154 | 265,050 |