Example calculation

Rent vs Buy Calculator for $1,100 monthly rent

With monthly rent set to $1,100, review the result alongside the other input values. Adjust one condition at a time to see what changes.

Inputs used in this example

Monthly rent (USD)1100

Home price (USD)450000

Down payment (USD)90000

Mortgage rate (%)6.2

Comparison horizon (years)7

Estimated result

Simple comparison

Renting looks cheaper in this simple estimate

7-year rent cost$92,400.00

7-year buy cash outflow$275,210.62

Estimated monthly mortgage$2,204.89

This comparison is intentionally simplified. It does not include home appreciation, maintenance, taxes, insurance, or investment returns on cash.

The result for rent vs buy calculator uses the inputs shown above. Change one value at a time to see which assumption makes the biggest difference.

Before using the estimate to make a decision, check whether fees, units, timing, or other real-world conditions fall outside this calculation.

Try a slightly different scenario to see how the result moves — useful for narrowing in on the values closest to your situation.