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Rent vs Buy

Compare the total cost of renting vs buying a home over time.

Monthly Rent$2,000

Home Purchase Price$400,000

Down Payment20%

Mortgage Rate6.5%

Time Horizon10 years

Home Appreciation3%

Total Rent CostOver 10 years

$278,226

Total Buy Cost (net)Mortgage - equity gained

-$1,519

Monthly Mortgage

$2,022.62

Home Value at End3% annual appreciation

$537,567

Estimated Equity

$324,233

Verdict

Buying wins

How it works

Rent vs Buy by Toolular — a free, instant, client-side calculator. Enter your numbers and get results immediately. No login, no tracking, no ads. All calculations run locally in your browser.

FAQ

Is this calculator free?

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Disclaimer: MoneyCalc provides estimates for educational purposes. These are not financial advice. For significant decisions, consult a licensed financial advisor or tax professional.