Rent vs. Buy

About This Calculator

Should you rent or should you buy your home? It takes more than looking at your mortgage payment to answer this question. This calculator helps you weed through the fees, taxes, and monthly payments to help you make a good financial decision. Click the "View Report" button for a detailed look at the results. Don’t forget to include all the additional expenses of home ownership that as a renter you do not have to worry about. Expenses like cutting the grass and paying for a broken water heater would up the cost of buying the home.