Comparison Tool
Enter your information.
Rent inputs and their results are on the left. Home-buying inputs and their results are on the right, so you can compare the two sides at a glance.
Renting
Renting
- Monthly rent
- $0
- Monthly renters insurance
- $0
- Monthly outflow (rent + insurance)
- $0
- Total cost to rent over the period
- $0
Buying
Buying
- Principal & interest
- $0
- Property tax (monthly)
- $0
- Insurance (monthly)
- $0
- Total monthly payment
- $0
- Total cost to buy over the period
- $0
Results update live as you change any field. No button needed.
Comparison Results
After 7 years:
Principal paid down plus appreciation over the years you stay, roughly what you would keep before selling costs such as agent commission, closing, and repairs.
Renting and buying come out about even.
Based on the numbers you entered.
This comparison depends heavily on how long you stay, and the numbers are estimates only. It assumes rent and renters insurance rise about 4% a year, home values rise at the appreciation rate you enter, maintenance of about 1.5% of the home price per year, and property taxes and homeowners insurance stay level. Your actual rate, taxes, insurance, and costs will differ. Talk to Teri about your real numbers.
Your Move Matters
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