Rent vs. Buy Calculator
Compare the long-term cost of renting versus buying a home.
Inputs explained
- Home Price — The price of the home you would buy. Example: 350000.
- Down Payment — Cash paid upfront if buying. Example: 70000.
- Mortgage Rate (%) — Expected mortgage interest rate. Enter 6.5 for 6.5%.
- Monthly Rent — What you would pay in rent instead. Example: 2000.
- Home Appreciation (%) — Expected yearly rise in home value. 3% is common.
- Years — How long you plan to stay. Example: 7.
How to use it
- Fill in the fields above — each input has a hint describing exactly what to enter
- Press Calculate to get your result instantly, right on this page
- Copy the result, save the tool to favorites, or share and embed it anywhere
Understanding the result
Example: Over 7 years, buying often wins once appreciation and equity offset upfront costs.
Frequently asked questions
Is the Rent vs Buy Calculator free to use? Yes — it is completely free, with no sign-up, no download and no usage limits. You can use it as often as you need.
Is my data private? Yes. The calculation runs entirely in your browser — the values you enter are never sent to our servers, stored or shared with anyone.
What information do I need? Just the following: Home Price, Down Payment, Mortgage Rate (%), Monthly Rent, Home Appreciation (%), Years. Each field includes a hint explaining exactly what to enter.
Can I use it on my phone? Yes — the tool is fully responsive and works on any device, and the same calculator is available in the EasyWorkCalcs mobile app.
Privacy
Everything you enter into the Rent vs Buy Calculator is processed entirely in your browser. Nothing is uploaded, stored or shared — your data stays on your device.