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Rent vs. Buy Calculator

Compares renting versus buying based on desired monthly spending amount and other factors.

$716.12
30 years
4.5%
$30,000
3.5%
8.5%
28%

Total Loan Amount

$257,803.20

Total Loan Interest

$116,468.93

Current House Value

$171,334.27

Estimated House Value after 30 years

$480,899.96

Tax Savings on Interest

$32,611.30

Estimated Return on Investment after 30 years

$346,747.55

These calculations are estimates only and do not constitute an offer to finance your loan. There is no warranty for the accuracy of the results or the relationship to your personal financial situation.