Rent vs Buy Comparison Calculator
Compare total costs of renting versus buying over time. Make an informed housing decision.
Rent vs Buy Decision
Compare: Total rent paid vs mortgage payments, maintenance, taxes, appreciation
Considerations
- Buying: Equity, appreciation, stability
- Renting: Flexibility, liquidity, no maintenance
- Break-even: Usually 5-7 years
Frequently Asked Questions
What costs should I consider when buying?
Down payment, EMI, property tax, maintenance, insurance, closing costs.
What about home appreciation?
Real estate appreciates 3-7% annually on average, building equity over time.