What is a Rent vs Buy Calculator?

A rent vs buy calculator helps you compare the estimated cost of renting a home versus buying one over a selected period of time. It can be useful when deciding whether it may be more affordable to keep renting or purchase a property.

How to use this Rent vs Buy Calculator

Enter your monthly rent, home price, deposit, interest rate, loan term, years to compare, annual home costs, and annual rent increase. The calculator will estimate the total cost of renting and buying so you can compare the two options.

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