Mortgage Tools

Rent vs. Buy Calculator

See the full financial picture — which option builds more wealth over your timeline?

Home Purchase Price ($)

Monthly Rent ($)

Down Payment (%)

Mortgage Rate (%)

Home Appreciation (%/yr) NY/NJ metro avg ~3–4%/yr historically

Rent Increase (%/yr)

Annual Property Tax ($)

Investment Return on Down Pmt (%/yr) What you'd earn if you invested the down payment instead

Time Horizon: 10 years

Total spent (not recoverable)

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Rent paid—

Down pmt invested (opportunity)—

Net worth from down pmt investment—

Net equity (recoverable)

—

Total mortgage paid—

Property value in yrs—

Total equity built—

Ready to stop paying rent and start building equity?

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