Rent vs. Buy Calculator

Rent vs. Buy Calculator

Home Purchase

Home Price

Down Payment

Interest Rate (%)

Loan Term (years)

Property Tax Rate (%)

Annual Home Insurance ($)

Monthly HOA Fees ($)

Annual Maintenance (% of home value)

Home Appreciation (%)

Renting

Monthly Rent ($)

Annual Rent Increase (%)

Investment Return (%)

General

Inflation Rate (%)

Time Horizon (years)

Results

After 10 Years:

Better to Buy by $53,000

Monthly mortgage payment: $2,528

Buying

Net Worth: $354,612

Home Value: $671,958

Remaining Mortgage: $317,346

Equity Built: $171,958

Renting

Net Worth: $301,602

Investment Growth: $201,602

Sponsored Products

Rent To Own

Rent now, buy later. Path to homeownership even with less-than-perfect credit.

Spike

Boost your credit score quickly with our specialized tools and resources.

US Credit Card

Credit cards designed for building or rebuilding your credit history.

Brigit

Financial tools to help you avoid overdrafts and build your credit score.

Net Worth Comparison

Buy Net Worth

Rent Net Worth

Disclaimer

This calculator provides estimates based on the inputs provided. Actual costs and returns may vary. The calculation takes into account mortgage payments, property taxes, insurance, HOA fees, maintenance costs, rent increases, and investment returns. This tool is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any major financial decisions.

Affiliate Disclosure

Some of the links on this page are affiliate links. This means if you click on the link and purchase the item, we may receive an affiliate commission at no extra cost to you. We only recommend products or services we believe will add value to our visitors. All opinions about the products/services remain our own.

© 2025 ImproveMyCreditScore.uk – All Rights Reserved