30-Year ComparisonBreak-Even AnalysisRealistic Defaults

How It Works

1

Enter Details

Input your rent, home price, and financial parameters.

2

Compare Costs

See side-by-side 30-year cost comparison.

3

Find Break-Even

Discover when buying becomes cheaper than renting.

Frequently Asked Questions

How is the break-even year calculated?
The break-even year is when the total cost of buying (including mortgage, taxes, maintenance, minus equity) becomes less than the total cost of renting.
What assumptions does this calculator make?
It assumes constant mortgage rate, annual rent increases, property appreciation, and investment returns. Real-world values may vary.
Should I always buy if the break-even is early?
Not necessarily. Consider your lifestyle, job mobility, local market conditions, and maintenance responsibilities before deciding.
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About Rent vs Buy

What this tool does

General-purpose calculators cover percentages, dates, time differences, BMI, tips, taxes, salaries, loans, compound interest, and dozens of everyday math problems. Results are computed instantly in the browser.

Why use this tool

Quick calculations come up constantly: splitting a bill, figuring out how many days until a deadline, converting an hourly rate to an annual salary. Having a purpose-built calculator is faster and less error-prone than a spreadsheet.

How it works

Each calculator applies the relevant mathematical formula to your inputs. Financial calculators use standard amortization and compound-interest equations. Date calculators leverage JavaScript's Date object with timezone-aware arithmetic.

Pro tip

For loan and mortgage calculations, small changes in interest rate matter more than you think. Try adjusting the rate by 0.25% to see how it affects total interest paid over the life of the loan.

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