Rent vs Buy

Analyze the financial impact of renting vs buying a home over 10-30 years. Compare total equity, monthly costs, and long-term value to make the right choice.

Renting Scenario

Monthly Rent ($)

Annual Rent Increase (%)

Total Cost over 10 Years

-$275,133

Net Wealth Impact: -$275,133

Buying Scenario

Home Price ($)

Down Payment ($)

Mortgage Rate (%)

Appreciation (%)

Net Cost over 10 Years

-$96,431

Buying saves $178,702

Home Value in 10y: $537,567