Rent vs Buy Calculator
Renting Scenario
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Buying Scenario
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years
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Assumptions
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Comparison Results
Breakeven Point
5.3 years
Buying becomes better after this time
10-Year Rent Cost
$240,000
10-Year Buy Cost
$260,000
Renter Net Worth
$256,800
Buyer Net Worth
$267,800
Buying is better financially
Difference: $11,000
Non-Financial Considerations
- • Buying provides stability but less flexibility
- • Renting avoids maintenance costs and responsibilities
- • Market conditions affect home appreciation potential
- • Personal lifestyle preferences matter