Buy vs. Rent

Rent is money gone. A mortgage is a forced savings account. Start with what you pay now and see the difference.

What You Pay Now

Your Monthly Rent

Rent Increase (% / yr)

Years to Compare

Total Rent Paid —

What That Rent Could Buy

A Home Worth About —

Based on your rent covering a typical mortgage payment with the rate and down payment below.

Mortgage Rate (%)

Down Payment (%)

Home Appreciation (% / yr)

What You'd Have Built —

Every rent check is money you never see again. The same payment on a home of your own pays down a loan and builds equity — a forced savings account that grows while you live there.

The Difference

RENT VS. OWN

Enter your rent above to see the difference over time.

After 10 Years

If You Keep Renting

—

paid out — money gone

If You Bought That Home

—

equity + appreciation — yours

The Forced Savings

—

equity you keep vs. $0 renting

Break-Even

—

break-even point

Year by Year

The Takeaway

Enter your numbers above to see a plain-English breakdown.