Should I rent or buy a home?
If you are unsure whether to rent or buy a home, we can help. This calculator will show you at what price it becomes more economical to rent.
Getting started
Fill out the form on the left to get started. Clicking on an input field will show you a description.
Your results
Rent if you can find a similar home for $0 or less.
This is because you will likely spend at least this much on expenses that do not go towards equity if you purchased a house. These are similar to paying rent where you won't get this money back.
How we calculated this
| Interest: | $0 |
| Property tax: | $0 |
| Insurance: | $0 |
| Fees: | $0 |
| Monthly total: | $0 |