Buy vs Rent Calculator
Long-term financial analysis to help you decide whether to buy or rent
Sketch lifestyle budgets with GridForge planning templates, and factor commuting vehicle turnover using AssetDropper before you lock in a neighborhood.
🏠 Home Buying Scenario
$
%
%
$
%
Annual Homeownership Costs
$
$
$
%
%
🔑 Renting Scenario
$
%
$
$
📈 Investment Assumptions
%
🏠
Buying Wins!
After 10 years
$7,956.28
better with buying
Net Worth Comparison
Buying$175,521.72
Renting$167,565.44
Break-even Point
Year 2
Buying becomes advantageous after 2 years
First Year Monthly Costs
Buy (mortgage + costs)$2,166.96
Rent$2,000.00
Difference$166.96
Assumptions: Assumes market conditions remain stable and does not account for personal circumstances, tax situations, or lifestyle preferences. For educational purposes only.
Net Worth Timeline
Compare how your net worth grows over time when buying vs renting
Year-by-Year Breakdown
| Year | Home Value | Mortgage Balance | Home Equity | Investment Balance | Winner |
|---|---|---|---|---|---|
| 1 | $309,000.00 | $237,317.46 | $71,682.54 | $76,057.12 | Rent |
| 2 | $318,270.00 | $234,455.26 | $83,814.74 | $83,624.40 | Buy |
| 3 | $327,818.10 | $231,401.38 | $96,416.72 | $91,738.73 | Buy |
| 4 | $337,652.64 | $228,142.97 | $109,509.67 | $100,439.63 | Buy |
| 5 | $347,782.22 | $224,666.35 | $123,115.88 | $109,769.53 | Buy |
| 6 | $358,215.69 | $220,956.88 | $137,258.81 | $119,773.88 | Buy |
| 7 | $368,962.16 | $216,998.99 | $151,963.17 | $130,501.45 | Buy |
| 8 | $380,031.02 | $212,776.03 | $167,255.00 | $142,004.52 | Buy |
| 9 | $391,431.96 | $208,270.24 | $183,161.71 | $154,339.14 | Buy |
| 10 | $403,174.91 | $203,462.70 | $199,712.21 | $167,565.44 | Buy |