Rent vs. Buy Calculator
Compare the long-term wealth impact of homeownership versus renting.
Buy Scenario
$600,000
$120,000
4.99%
3%
Rent Scenario
$2,500
2%
6%
What you'd earn investing the down payment instead.
10-Year Analysis
Verdict: Better to Rent
Buying Net Worth Impact
$0
Renting Net Worth Impact
$0
Net worth accounts for equity gained, rent/interest paid, and opportunity costs.
Breakdown Highlights
Total Rent Paid:$0
Home Value Gain:+-$600,000
Buying Expenses:-$0
Buying expenses include mortgage interest, property taxes, and maintenance over 10 years. Renting net worth includes the growth of your invested down payment.
Disclaimer: This analysis is based on mathematical models and historical averages. Personal financial outcomes depend on specific market conditions, tax rules, and individual investment behavior.