Rent vs. Buy Calculator

Home price ($)

Down payment ($)

Example rate (%)

Monthly rent ($)

Years to compare

Your estimated payment

$2,719/mo

5-year rent outlay: $120,000

Illustrative ownership outlay: $282,127

Ownership includes down payment, 3% example purchase costs, payment and 1% annual maintenance. Does not net equity, appreciation, sale costs, tax benefits or investment returns; not a complete economic comparison.

See your real rate for this payment

$2,719/month estimate · $425,000 property · $85,000 down

Example assumptions only. Taxes, insurance, PMI, fees and actual loan terms vary. calculatormortgage.com is not a lender.