Owning and renting are both good choices at the right time. Change the assumptions to see how long you would need to stay for buying to pay off.
Home Tools
Rent vs. Buy Calculator
Compare the long-run cost of owning with renting the same kind of home, with your own assumptions.
Want this as a personal plan?
Send this estimate to Rudy and he will follow up with a personalized version, no pressure.
Talk to a lender. Rates, loan programs and approvals come from lenders, not from websites or real estate agents. Talk to your own mortgage broker, or use our preferred lender, Rodrigo Ballon with CrossCountry Mortgage, at 858-735-0255. You are always free to choose any lender you like, and you can verify any lender’s license at nmlsconsumeraccess.org.
A simplified model that ignores tax effects. Results depend heavily on the assumptions. Nothing here is a loan offer, a rate quote, tax or legal advice. Rates shown come from public data and change often.
More tools
- Mortgage Payment Calculator — See your real monthly payment: principal, interest, taxes, insurance and HOA in one number.
- How Much Home Can I Afford? — A quick, friendly estimate of the price range that fits your income, debts and savings.
- Buyer Closing Cost Estimator — Plan your cash to close, with realistic ranges for each line item.
- Seller Net Proceeds Estimator — Estimate what you would take home from a sale, and how it changes if the price moves.