Rent vs. Buy Calculator

Compare the long-term financial impact of renting versus purchasing a home.

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Monthly Rent ($)

Interest Rate (%)

Home Price ($)

Years to Compare

Down Payment ($)

Annual Home Appreciation (%)

Over 7 Years

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Total Rent Cost

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Total Buy Cost

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Est. Home Value

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Equity Built

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Buy cost includes P&I, property tax (0.6%), insurance, and estimated maintenance (1% annually). Does not include tax benefits or transaction costs.

Calculators provide estimates for informational purposes only. Consult a licensed financial professional and your REALTOR for guidance specific to your situation. Prism Real Estate Solutions, LLC. Equal Housing Opportunity.