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Enter your numbers and see your real breakeven point, not a rule of thumb.

Rent vs buy

Home price

$ USD

State

Down payment ⓘ

Mortgage rate

Loan term

yrs

Monthly rent (comparable home)

Years you plan to stay

Advanced assumptions

Property tax ⓘ

%/yr

Home insurance

%/yr

Maintenance

%/yr

Closing costs ⓘ

Selling costs (agent fees etc.)

HOA fees

$ /mo

Home value growth

%/yr

Rent growth

%/yr

Investment return on savings ⓘ

%/yr

Breakeven point

—

Enter your numbers to compare

Cost of buying Cost of renting

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