Buy Vs Rent Calculator - Cents of Purpose

Rent vs Buy Calculator

Compare renting vs buying over a chosen horizon. Fill both sides, set assumptions, and run the comparison.

Home purchase price

Down payment (%)

Mortgage term (years)

Mortgage interest rate (%)

Payments per year

Upfront closing costs when buying (% of price)

Property tax (% of value / year)

Maintenance & repairs (% of value / year)

HOA / Condo fees (monthly)

Home insurance (annual)

Home appreciation (% / year)

Selling costs when selling (% of sale price)

Capital gains tax on sale (%)

Renovation reserve (% of value / year)

Monthly rent

Expected rent increase (% / year)

Renter’s insurance (annual)

Security deposit (months of rent)

One-time moving costs (rent)

Opportunity cost / investment return (% / year)

Inflation (% / year)

Analysis horizon (years)

Currency

Marginal tax rate (%) — optional mortgage interest effect

Down payment cash buffer (one-time)

Cumulative net cost if buy

Cumulative net cost if rent

Break-even year

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Monthly equivalent difference

Year-by-year cash flows (table below)

Year	Buy: operating outflow	Buy: cumulative (operating)	Sale proceeds (inflow)	Rent: outflow	Rent: cumulative	Home market value