The Rent vs Buy calculator compares the costs of owning a house to the cost of renting.
You can use this personal finance calculator to determine how much money you may be losing by continuing to rent. Factors affecting your decision include interest, property taxes, tax savings, appreciation, opportunity costs, closing costs, and selling costs.
Instructions
For pop-up explanations of any of the entry fields, click the radio button next to the description. Be sure to enter “0” (zero) in any entry boxes that don’t apply to you. Also be sure that only numbers and decimal points are entered into the fields (dollar signs and other non-numeric characters will cause a JavaScript error).