Rent vs Buy Calculator

Should you rent or buy a home? Use this calculator to compare the costs of renting vs. buying over time and make an informed decision.

Buying is Better
$0

Total savings over 10 years

Comparison Period

years
1 year 30 years

Buying Details

$
$100,000 $2,000,000
%
0% 50%
%
1% 12%
years
10 years 30 years
%
0% 4%
$
$500 $5,000
%
0% 3%
%
-5% 10%

Renting Details

$
$500 $10,000
%
0% 10%
$
$0 $1,000
%
0% 15%

Total Cost Over 10 Years

$0
Renting
$0
Buying

Buying saves you

$0

over 10 years

Cumulative Cost Over Time

Renting
Buying

Renting Costs

Total Cost $0

Buying Costs

Total Cost $0

Monthly Mortgage Payment

$0

Principal & Interest only

Down Payment Required

$0

20% of home price

Monthly Rent

$0

Starting rent

This calculator provides estimates for educational purposes only. Actual costs may vary based on your specific situation.

© Copyright 2025 by E Mortgage Capital. Inc.

Notice To Texas Loan Applicants: Consumers wishing to file a complaint against a mortgage banker, or a licensed mortgage banker residential mortgage loan originator, should complete and send a complaint form to the Texas Department of Savings and Mortgage Lending, 2601 North Lamar, Suite 201, Austin, TX 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov.

A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage banker residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.nmlsconsumeraccess.org

Loan Officer at E Mortgage Capital, Inc. 3750 S Susan Street Santa Ana, Ca. 92704. NMLS#1416824 NMLS#1396861 DRE#00853403. Equal Housing Opportunity Lender. https://www.nmlsconsumeraccess.org. For State Requirements, go to https://www.emortgagecapital.com/licensing.