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Rent or buy?

Compare the wealth left after a modeled sale with the renter’s invested cash. Change the assumptions to see how sensitive the result is.

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Your scenario

Start with the basics

Change the example amounts below. More details are there when you need them.

Buying a home

Home price $Down payment $Mortgage interest rate %Loan term years

Closing and selling costs Included in estimate

These assumptions are already included. Open to review or change them.

Purchase closing costs %Selling costs %

Renting

Monthly rent $/moRenters insurance $/mo

Your timeline

Compare after yearsA projection, not a prediction.

Taxes, insurance & upkeep Included in estimate

These assumptions are already included. Open to review or change them.

Property taxes $/yearHome insurance $/yearHOA dues $/moMaintenance and repairs % of home value/yearMortgage insurance $/moMonths of mortgage insurance monthsEnter an expected duration; cancellation is not automatic.

Future assumptions Included in estimate

These assumptions are already included. Open to review or change them.

Annual home value change %Values can fall.Annual rent change %Annual expense change %Taxes, insurance and HOA.Annual investment return %After fees and taxes; not guaranteed.Annual owner tax savings $/yearOptional amount verified with your tax adviser; zero by default.

Your result

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Assumptions and example inputs

Example inputs are editable placeholders to show how the calculator works. Results are estimates, not quotes or approvals, and they do not use live rates or lender pricing.

The renter invests the down payment and purchase closing costs. Each month, whichever option costs less invests the difference at the entered return. Both portfolios are shown.
Buying wealth equals sale proceeds after selling costs and remaining mortgage debt, plus the owner’s invested savings. Renting wealth equals the renter’s investment portfolio. No guaranteed appreciation, investment return, or tax deduction is assumed.

Fred ChiltonLicensed mortgage broker · NMLS #1810817

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