Category
Home & Living
Compare renting against buying and understand the real cost of a home.
How to use these calculators
Housing decisions usually look simple when you compare rent with a mortgage payment, but the real comparison also includes maintenance, insurance, taxes, transaction costs, expected holding period and the value of money tied up in a home. Use the calculator to make those assumptions visible before deciding which option looks cheaper.
Before you make the decision
Before relying on a result, use realistic local rent, financing and ownership costs. Test a shorter and longer holding period because the answer can change substantially when one-time buying or selling costs are spread over different numbers of years.