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Rent vs Buy Decision Tool
Compare the true cost of renting vs buying over 5, 10, or 30 years.
Rental Scenario
$
%
Historical average: 3-5%
Buying Scenario
$
$
%
%
Texas average ~2.2%
%
Historical average: 3-4%
%
Return on down payment if invested instead
Comparison Results
🏢 Renting
Total Cost After 7 Years
$0
Net cost (rent - investment gains)
🏠 Buying
Net Position After 7 Years
$0
Equity - Total housing costs
Verdict
Calculating...
Based on your inputs
Renting Breakdown
Total Rent Paid
$0
Investment Growth (down payment)
$0
Net Cost of Renting
$0
Buying Breakdown
Total Mortgage Payments
$0
Total Property Taxes
$0
Total Insurance & Maintenance
$0
Home Equity Built
$0
Home Value (appreciated)
$0
Net Position
$0
Important Considerations
- This is a simplified comparison — actual results will vary
- Doesn't include closing costs, selling costs, or moving expenses
- Tax benefits of homeownership not included (consult a tax advisor)
- Home appreciation is not guaranteed
- Lifestyle flexibility of renting has non-financial value
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