Rent vs Buy Calculator
Compare the long-term financial impact of renting vs buying
Input Parameters
Rental Terms
$
%
%
Purchase Terms
$
%
%
years
%
years
Comparison Results
Renting Net Worth
Buying Net Worth
Down Payment
Monthly Mortgage
Total Rental Spending
Total Mortgage Interest
Year-by-Year Comparison
| years | Renting Net Worth | Buying Net Worth |
|---|---|---|
Enter data to see results
Rent vs Buy Decision Reference
When Renting Is Better
- Unstable work location, may need to relocate
- Insufficient down payment, avoid excessive financial pressure
- Local price-to-rent ratio is high (over 300x monthly rent)
- Other high-return investment opportunities available
When Buying Is Better
- Plan to live long-term (5+ years)
- Sufficient down payment, mortgage under 30% of income
- Reasonable price-to-rent ratio (below 200x monthly rent)
- Need stable living environment (e.g., having children)
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Financial Disclaimer
The results of this tool are for reference only and do not constitute investment advice. Actual values may vary due to financial institution policies, interest rate changes, and individual circumstances. Please consult a professional financial advisor before making any financial decisions.