Finance
Search
Markets
News
Calculators
Budget
Academy
Dictionary
Countries
Sign in
Get started
All calculators
Mortgage & Real Estate
Rent vs Buy
Simple 10-year cost comparison.
Currency
USD — $ US Dollar
EUR — € Euro
GBP — £ British Pound
ZAR — R South African Rand
JPY — ¥ Japanese Yen
CNY — ¥ Chinese Yuan
INR — ₹ Indian Rupee
CAD — C$ Canadian Dollar
AUD — A$ Australian Dollar
NZD — NZ$ New Zealand Dollar
CHF — CHF Swiss Franc
SEK — kr Swedish Krona
NOK — kr Norwegian Krone
DKK — kr Danish Krone
PLN — zł Polish Zloty
BRL — R$ Brazilian Real
MXN — MX$ Mexican Peso
ARS — AR$ Argentine Peso
NGN — ₦ Nigerian Naira
KES — KSh Kenyan Shilling
GHS — GH₵ Ghanaian Cedi
EGP — E£ Egyptian Pound
AED — AED UAE Dirham
SAR — SR Saudi Riyal
TRY — ₺ Turkish Lira
RUB — ₽ Russian Ruble
SGD — S$ Singapore Dollar
HKD — HK$ Hong Kong Dollar
KRW — ₩ South Korean Won
THB — ฿ Thai Baht
IDR — Rp Indonesian Rupiah
PHP — ₱ Philippine Peso
MYR — RM Malaysian Ringgit
VND — ₫ Vietnamese Dong
ILS — ₪ Israeli Shekel
CLP — CLP$ Chilean Peso
COP — COL$ Colombian Peso
PEN — S/ Peruvian Sol
PKR — ₨ Pakistani Rupee
BDT — ৳ Bangladeshi Taka
Export PDF report
Inputs
Rent / mo
$2200
Home price
$450000
Down
$90000
Mortgage rate
6.5%
Years
10
Home appreciation
3%
Results
Total cost of renting
$264,000
Net cost of buying
$118,291
Related in Mortgage & Real Estate
Mortgage Payment
Principal + interest only.
Mortgage PITI
Principal, interest, tax & insurance.
Home Affordability
28/36 rule house budget.
Refinance Savings
Savings vs. closing costs breakeven.
ARM vs Fixed
Compare after N years.
Closing Costs
Typical 2–5% of price.
