Mortgage Calculator

Should You
Rent or Buy?

Compare the true cost of renting versus buying over time, including home appreciation, equity, and what your down payment could earn if invested instead.

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Renting

Tell us about your current or expected rental situation.

Investment Assumption

What your down payment and closing costs could earn if invested instead of used to buy — this is what renting is credited with.

Buying

Tell us about the home you're considering and your financing details.

Ongoing Costs

Assumptions

For illustrative purposes only. Results are estimates based on the information entered and assumptions including rent increases, home appreciation, investment returns, maintenance, selling costs, taxes, insurance, and loan terms. Actual costs, property values, investment returns, and market conditions may vary. This calculator does not constitute financial, tax, legal, or lending advice or a commitment to lend.

How The Comparison Works

A Clearer View of Your Options

Our calculator looks at the big picture — not just monthly payments — so you can feel confident in your next move.

  • Total Cost Over Time

    We compare the full cost of renting and buying, including payments, fees, taxes, and ongoing expenses.

  • Home Appreciation

    Buying builds equity over time through principal paid down and home value growth, which can offset costs.

  • Opportunity Cost

    We factor in what your down payment could earn if invested instead of used to buy.

  • Your Unique Timeline

    The results are tailored to how long you plan to stay, since that's one of the biggest factors in the equation.

Ready For A More Personalized Answer?

Get a Custom Analysis for Your Situation

Talk with Julie about your goals, timeline, and local market to get a clearer picture of what makes sense for you.

Request a Personalized Quote

Your information is kept confidential.

Send these numbers

We’ll email this estimate to you, and Julie will receive a copy in case you’d like a second look.