Rent vs Buy Calculator

Next Level CPA — How do I calculate interest on a loan or deposit?

Input Parameters

Home Price ($):

Down Payment (%):

Loan Term (years):

Interest Rate (%):

Property Tax (% per year):

Home Insurance ($ per year):

Maintenance (% of home value per year):

HOA Fees ($ per month):

Monthly Rent ($):

Annual Rent Increase (%):

Investment Return Rate (%):

Home Value Appreciation (% per year):

Time Horizon (years):

Better financial option: Calculate to see result

Net difference after 30 years: $0

Monthly mortgage payment: $0

Total monthly cost of owning: $0