Rent vs Buy House Calculator
Compare the true cost of renting versus buying a house, with mortgage EMI math, a year-by-year cost chart, and a clear breakeven verdict
Your numbers
Verdict
Enter values to see the result.
Total cost of renting
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Net cost of buying
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Breakeven year
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Cumulative cost over time (rent outflows vs buy outflows)
Renting
Buying
Details
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How to use
- Fill in the fields above with your own figures — the verdict, totals, and chart update live as you type.
- Net cost of buying = down payment + all mortgage payments − your home equity at the end (appreciated home value minus remaining loan balance). Renting total = all rent paid, since you own nothing at the end.
- The breakeven year is the first year buying becomes cheaper than renting. If it lands after your planned stay, renting wins for your situation.
Note: Simplified estimate — it ignores maintenance, taxes, transfer fees, and the return you could earn by investing the down payment. This is an estimate, not financial advice.