Your plans. Your numbers.

Rent vs. Buy Calculator

This compares the total cost of renting with the net cost of owning over the number of years you choose. The cost of owning includes the mortgage, property taxes, insurance, upkeep and the costs to buy and later sell; it does not include utilities, HOA dues or other costs a landlord may cover. Neither renting nor owning is always the better choice.

Your numbers

Adjust the fields below to explore your options. Calculations stay in your browser.

Type the rate you want to test. We do not suggest one.

Home values can go down as well as up.

Estimated difference

Enter an interest rate and fill in every box to see an estimate.

Estimate only. These results are estimates based only on the numbers you enter. They are for education and are not a quote. This is not a loan offer or a commitment to lend. Your actual payment and costs depend on your full application, the property, and the loan program.

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