Renting vs. buying — what does the math actually say?
Buying isn't automatically "better" than renting — it depends on how long you stay, how the market moves, and what you'd otherwise do with the cash. This gives you a rough side-by-side.
Renting vs. this home
This calculator provides estimates for educational purposes only and is not a loan approval, quote, or commitment to lend. Actual figures depend on your credit profile, final interest rate, property taxes, homeowners insurance, mortgage insurance, HOA dues, loan program, and other underwriting factors. Appreciation and rent growth are assumptions you control above, not predictions — try a few scenarios. Talk with Chad to get numbers specific to your situation.
FAQ
Why might renting come out ahead in this calculator?
If you're only staying a short time, or closing costs and maintenance are high relative to appreciation, renting can come out ahead financially — even though buying has other benefits like stability.
What does this leave out?
Tax implications, opportunity cost of investing the down payment elsewhere, and lifestyle factors aren't captured here — those are worth a real conversation.
Want to talk through what this means for you?
Numbers are a starting point. Let's turn them into a real plan.