Mortgage planning tool
Rent vs. Buy Calculator
Compare current monthly rent with an estimated first-year monthly cost of owning a home.
Free, no sign-up: figures are calculated in your browser.
Your estimate
Enter your figures and calculate.
What this calculator does
Compares rent with estimated principal, interest, taxes, insurance, and maintenance. It is not a prediction of investment returns.
How to use it
- Enter realistic planning figures.
- Run the estimate and compare another scenario.
- Confirm important numbers with a lender or qualified professional.
Important assumptions
Educational estimate only. Actual rates, lender rules, fees, taxes, insurance, and personal circumstances vary.