Rent vs. Buy Calculator | homegenius

    Is it more cost effective to rent or buy?

    Buying a home may be more affordable than renting. Use this calculator to estimate the costs of renting vs. owning. Then decide which is right for you. (The results are based on a 5-year period.)
    Rent vs. buy calculator

    Rental Related Information

    Rent Payment
    $
    Security Deposit
    $
    Renters Insurance (Monthly)
    $
    Max Annual Rent Increase
    %
    Other Rent Related Payments
    $

    Purchase Related Information

    Sale Price
    $
    Annual Property Insurance
    $
    Credit Score
    Your Personal Tax Rate
    %
    Interest Rate
    %
    Closing Cost
    %
    Down Payment
    %
    Annual Appreciation Rate
    %
    Annual Real Estate Property Tax
    $
    The calculator is for informational purposes only and is not intended to provide legal or financial advice, or to reflect the actual terms and conditions of a loan. In no event shall we be liable for any direct, indirect, incidental, special, or consequential damages arising out of or in connection with your use of the calculator. Please note that financing may not be available for all scenarios. The advice of a professional should be consulted when buying a home or financing a mortgage loan.