Depending on how fast prices and rents rise and how long you stay in your home, you may be better off renting rather than buying a house. Factors that are part of the equation are the difference in monthly rent versus mortgage payment, home value appreciation, annual rent increases, the interest rate you will pay on your loan, your marginal tax rate and the yield you might receive on savings.
Use our Rent vs Buy Calculator to Decide if it's Better to Rent or Buy.
Change the numbers in each input field by entering a new number or adjusting the sliders. After entering your data into each input field, the calculator results will automatically update the summary statement and chart.
