rent or buy calculator
Compare the cost of renting versus owning a home.
which makes more sense for you?
You may have heard that it's better to build equity by spending your monthly housing budget on a mortgage payment rather than rent – but what about other costs of homeownership, like taxes and fees?
If you're wondering whether continuing to rent or buying a house is better for your wallet, we can help you do the math.
Unlike other calculators out there, we include mortgage insurance in our calculations for a more realistic result.