Rent vs Buy (5-Year Cost Comparison)

Rent vs Buy (5-Year)

Compare the total 5-year cost of renting versus buying with simple, transparent assumptions.

Monthly rent now ($) Annual rent increase (%) Home price ($) Down payment ($) Mortgage rate (APR %) Term (years) Property tax (% of price/yr) Insurance (% of price/yr) Maintenance (% of price/yr) Closing costs (% of price, one-time) Home appreciation (%/yr) Invest return if renting (%/yr)