Buy vs. Rent Calculator

Compare total cost over time and see when buying wins.

Monthly Rent

$2,000

Expected Annual Rent Increase %

Home Purchase Price

$400,000

Down Payment

$80,000

Mortgage Rate %

Loan Term

Property Tax Rate %

1.2%

Maintenance % of home value (annual)

Home Appreciation % (annual)

Estimated monthly cost to own (P&I + tax + maintenance)

$2,862

Total cost comparison

Want expert guidance? Schedule a consultation with Patricia.