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Family & Home

Should I Rent or Buy A Home?

Good (1132 Ratings)
2.446112/5

The decision to rent versus buy may be affected by interest rates. Use this calculator to compare costs over the period you choose.

Rent AssumptionsInput
$
$
$
(0-10)%
Purchase AssumptionsInput
$
(0-10)%
$
(0-30)%
(1-30)
$
$
$
Other AssumptionsInput
(1-30)
(0-50)%
(0-12)%
(0-10)%
Rent Versus Buy AnalysisRentBuy
{ "WS" : "ads1.finance.vip.re4.yahoo.com/CalcService", "fields" : { "udata" : [ ], "rdata" : { "results_paragraph" : "results_paragraph" , "rent_total" : "simple" , "payments_total" : "simple" , "insurance_total" : "simple" , "taxes_total" : "simple" , "maintenance_total" : "simple" , "oppcost_total" : "simple" , "taxsavings_total" : "simple" , "appreciation_total" : "simple" , "totalcost_rent" : "simple" , "totalcost_buy" : "simple" , "pvtotalcost_rent" : "simple" , "pvtotalcost_buy" : "simple" , "difference" : "simple" , "chart" : "chart" , "years" : { "year" : [ { "name" : "@year_number", "label" : "Year" } , { "name" : "@rent_fees", "label" : "Rent and Fees" } , { "name" : "@payments", "label" : "Mortgage Payment" } , { "name" : "@insurance_maintenance", "label" : "Insurance, Taxes & Maintenance" } , { "name" : "@oppcost", "label" : "Opportunity Cost" } , { "name" : "@taxsavings", "label" : "Tax Savings" } , { "name" : "@home_appreciation", "label" : "Appreciation" } , { "name" : "@cost_purchase", "label" : "Cost of Buying" } ] } } } }
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This calculator is provided by Financial Calculators, Inc., and is intended solely for general information and educational purposes. You should not take any action on the basis of the information provided through this calculator. Please see the disclaimer for further information and limitations.

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