Rent vs Buy Calculator
Simulates the buy and rent paths month by month and shows year-by-year wealth, plus the break-even year (a simplified illustrative model).
First year buying is at least as good: 4
| Year | Buy wealth | Rent wealth | Difference (buy − rent) |
|---|---|---|---|
| 1 | 57,091 | 74,517 | -17,427 |
| 2 | 69,619 | 80,082 | -10,463 |
| 3 | 82,603 | 85,694 | -3,092 |
| 4 | 96,058 | 91,352 | 4,706 |
| 5 | 110,004 | 97,055 | 12,949 |
| 6 | 124,460 | 102,802 | 21,658 |
| 7 | 139,446 | 108,592 | 30,854 |
| 8 | 154,983 | 114,424 | 40,558 |
| 9 | 171,091 | 120,297 | 50,794 |
| 10 | 187,898 | 126,312 | 61,585 |
| 11 | 205,585 | 132,628 | 72,957 |
| 12 | 224,194 | 139,259 | 84,935 |
| 13 | 243,769 | 146,222 | 97,546 |
| 14 | 264,353 | 153,533 | 110,819 |
| 15 | 285,994 | 161,210 | 124,784 |
Simplified illustrative model: tax deductions, mortgage insurance and transaction details are ignored. Defaults are example numbers only — enter your own assumptions.
What is Rent Vs Buy Calculator
Compare renting and buying month by month: mortgage payment, interest paid within the horizon, year-by-year wealth for both paths and the break-even year. A simplified illustrative model — every assumption is editable.
How to use Rent Vs Buy Calculator
- Fill in the buying, renting and shared assumption groups
- Read the monthly payment, yearly wealth table and break-even year
- Change any assumption to compare scenarios
Frequently asked questions
What does the model compute?
It simulates mortgage amortization, home appreciation, holding costs and rent growth monthly, investing each month’s savings on the cheaper side at your assumed return.
Can I use it for a real decision?
It is a simplified illustrative model without tax deductions, mortgage insurance or transaction details; defaults are example numbers — enter your own assumptions.
Which currency does it use?
None — it is currency-agnostic; keep all amounts in the same unit.
Is Rent Vs Buy Calculator free?
Rent Vs Buy Calculator is completely free — open the page and use every feature with no hidden charges.
Do I need to download or install Rent Vs Buy Calculator?
No download or installation is needed. It is an online tool that runs in the browser on your phone, tablet and computer.
Do I need an account to use Rent Vs Buy Calculator?
No. Use the tool right away — no account or sign-in required.
Does Rent Vs Buy Calculator work on mobile?
Yes. The page is fully responsive and works on phones, tablets and desktop browsers.