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Rent vs. Buy

Mathematical analysis: Should you rent or buy in the current market?

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Analysis

Enter your numbers to generate a report.

How to Use & Insights

Is it Better to Rent or Buy?

The old advice "renting is throwing money away" is mathematically false in many markets. This calculator compares the total unrecoverable costs of renting vs. buying over time.

The 5% Rule

A quick rule of thumb: If the annual rent is less than 5% of the home's purchase price, renting is likely the better financial decision.