Compare the true long-term cost of renting versus buying. See when buying breaks even, how wealth accumulates under each scenario, and make an informed housing decision.
This tool compares two scenarios year by year. In the buying scenario, you build equity through mortgage payments and home appreciation, but pay interest, taxes, insurance, maintenance, and closing costs. In the renting scenario, you invest the down payment and the difference between buying costs and rent into a diversified portfolio.
The key insight is that buying isn't always better than renting. When home prices are high relative to rents, or when investment returns outpace appreciation, renting and investing the difference can build more wealth. The breakeven year shows when buying starts to win.
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