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Renting

Current Monthly Rent ($)

$

Annual Rent Increase (%)

%

Monthly Renter's Insurance ($)

$

Investment Return on Down Payment (%) if invested instead

%

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Owning

Home Purchase Price ($)

$

Down Payment ($)

$

Mortgage Interest Rate (%)

%

Loan Term

Annual Property Tax Rate (%)

%

Annual Home Insurance ($)

$

Monthly HOA ($)

$

Annual Maintenance (% of value)

%

Closing Costs (%)

%

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Analysis Parameters

Home Appreciation (%/yr)

%

Your Tax Bracket (%)

💡 Tax Benefit of Owning: Mortgage interest is tax-deductible. Your bracket determines how much the government effectively subsidizes your ownership cost. At 22%, every $1,000 in interest costs you only $780 net.

How Long Do You Plan to Stay? (Years)

The longer you stay, the more owning tends to win. Break-even is typically 4–7 years nationally (2025). In high price-to-rent markets (NYC, SF, LA), renting often wins for shorter holds.

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Green & Utility Costs

Monthly Utilities — Renting ($)

$

Monthly Utilities — Owning ($)

$

Energy-efficient home (lower utility costs)

Utility Reduction (%)

%

Owned homes are often larger and cost more to heat/cool than a rental unit. Utility costs are usually excluded from rent-vs-buy comparisons but are real out-of-pocket costs — include them here for a more accurate total.

🏘️ True Cost of Renting

🏠 True Cost of Owning

⏱️ Break-Even Analysis

🏠 Check Affordability → 📅 Mortgage Payoff →

Year-by-Year Comparison

Year	Cum. Rent Cost	Cum. Own Cost	Equity Built	Home Value	Tax Savings (Cum.)	Winner

Net Cost Over Time (after equity & tax savings)

Year 10: Cost Breakdown

Rent vs. Buy Calculator

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