Rent vs. Buy Comparison

%
Your mortgage interest rate and amortization term.
How often you'll make mortgage payments.

Quick Summary

Your total costs over the next 5 years:

Total Rent Paid
Sum of monthly rents (with growth).
Total Mortgage Paid
Sum of all mortgage payments.
Remaining Mortgage Balance
Balance after your comparison horizon.
Equity Built
Home value minus remaining balance.
Payment-Only Comparison
Comparing total mortgage vs. rent payments, ignoring equity.
Equity-Adjusted Comparison
Considering home equity built over time.
Cumulative cost over payments