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Rent vs Buy
Find the break-even point and true cost of renting vs buying for your specific situation.
Buying Scenario
Home Purchase Price $400,000
$
$50K$2M
Down Payment 20% — $80,000
$
%
Mortgage Rate 7.00%
%
2%12%
Loan Term
Annual Property Tax Rate
%
Annual Home Insurance
$
Annual Home Appreciation
%
Renting Scenario
Monthly Rent $2,200/mo
$
$500$8K
Annual Rent Increase
%
Renter's Insurance (annual)
$
Investment Return on Down Payment (if renting)
%
Years to Compare 10 years
years
1 yr30 yr
Rent vs Buy Analysis
Break-Even Point
Year 0
When buying becomes cheaper than renting
$0
Total Buy Cost
$0
Total Rent Cost
$0
Equity Built
$0
Buy Net Advantage
Cost Comparison Over 10 Years
Total Cost of Buying
$0
Total Cost of Renting
$0
Equity / Home Value Gain
$0
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Rent or Buy?
Calculating...
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The true cost of buying includes mortgage interest, property taxes, insurance, maintenance (~1% of home value/year), and closing costs (2-5%). Buying wins long-term through equity and appreciation — but only after the break-even point.
Ready to Make the Decision?
TechsGenius mortgage advisors will run the full analysis for your specific city, income and goals.