Rent Vs. Own Calculator
The Rent-vs-Own Calculator compares the costs of owning a house to the cost of renting. You can use this personal finance calculator to determine how much money you may be losing by continuing to rent. Factors affecting your decision include interest, property taxes, tax savings, appreciation, opportunity costs, closing costs, and selling costs.

For popup explanations of any of the entry fields, click the radio button next to the description. Be sure to enter "0" (zero) in any entry boxes that don't apply to you. Also be sure that only numbers and decimal points are entered into the fields (dollar / percentage signs and other non-numeric characters will cause a JavaScript error).
Monthly Rent:
Monthly Rental Insurance:
Expected Annual Inflation Rate:
Home Purchase Price:
Down Payment:
Mortgage Term (Years):
Mortgage Annual Interest Rate:
Home Purchase Discount Points:
Origination Fees:
Other Loan Costs:
Mortgage Insurance (PMI):
Homeowners Insurance Rate:
Monthly Association Dues:
Average Monthly Maintenance:
Annual Property Tax:
Total Income Tax Rate:
Expected Savings Interest Rate:
Expected Home Appreciation Rate:
Expected Years Occupation:
Realtor Commission Rate:
Total estimated cost of renting: $
Total estimated cost of owning: $