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Should I rent or buy?

Buying isn't automatically better — it depends on how long you stay. This compares both paths honestly: the renter invests the down payment and any monthly difference, and the buyer pays every cost of ownership including selling.

If you buy

PURCHASE
$
$
%
yrs
%
%
$
$
%
%

Agent commission, transfer taxes and the usual concessions — commonly 6–9%.

%

If you rent

RENTAL
$
%
$
%

What the renter earns investing the down payment and any monthly savings.

50%

This is the single biggest lever on the answer. Whichever side pays less each month only comes out ahead if they actually invest the difference instead of spending it — and the same share is applied to both sides.

yrs

Defaulted from your 0-year horizon. Change it if that is not the plan.

%
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Enter a home price, a monthly rent, and how long you plan to stay.

Save or send these numbersEmail

All four happen in your browser. Your figures are not sent anywhere — the email opens in your own mail app, already filled in.

Why the rent-versus-buy answer is a year, not a verdictA written guide to the rules behind this calculator →
For educational purposes only. Results are highly sensitive to assumed appreciation, rent growth, and investment returns — small changes swing the answer by years. Ignores tax deductions for mortgage interest and property tax, which may favour buying if you itemize. Not a recommendation to buy or rent.