Rent vs. Buy Calculator
RENT
VS.
BUY
Enter your numbers. Find out if buying could cost less — and whether closing cost help or a lower rate changes everything.
Run My NumbersYour Current Rental Situation
$
National avg is 3–5% per year
What Buying Could Look Like
$
$
3.5% of home price
Current avg is ~6.5–7%
$
~1% of home price / 12
$
$
Enter 0 if none
Your Results
You may be closer to buying than you think.
Rent Cost Over 5 Yrs
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Est. Monthly to Own
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Monthly Difference
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Equity Built (Est.)
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Monthly Payment Breakdown
Renting
Current rent-
Yr 5 rent (w/ increases)-
Total over 5 yrs-
Equity built$0
Owning
Principal + Interest-
Property Tax-
Insurance-
HOA-
Total monthly PITI-
-
-
The equity advantage nobody talks about enough
Every payment you make as a homeowner builds something. Run the numbers above to see how much equity you could build.
What If You Had Help?
See how a lower rate or closing cost assistance changes things
Standard Scenario
6.75%
Your entered rate
Est. monthly payment
-
With Rate Assistance
4.99%
Below-market option
Est. monthly payment
-
Could save $X/mo
Some buyers — including first-time buyers and those in certain income brackets — may qualify for programs that offer closing cost assistance, down payment help, or below-market interest rates. Programs vary by area and change often. I can help you see what may be available for your situation.
Next Step
Want to see if you qualify for closing cost help and a lower rate?
I'll walk you through what programs may be available for your situation — no pressure, no commitment. Just real numbers based on where you are right now.
Let's Look at Your Options
Local market knowledge
First-time buyer friendly
No-pressure conversation
Free, no commitment
