Rent vs. Buy

The Home Decision Calculator

Renting and buying both have hidden costs. Rent vs. Buy accounts for the opportunity cost of your down payment, home equity, invested savings, and more — so you can see the full financial picture.

Download on the App Store

Free · No ads · No account · Nothing leaves your phone

A real answer, not a rule of thumb

See which one actually wins

Most calculators stop at the monthly payment. This one runs both paths all the way out — equity, appreciation, invested savings, taxes — and tells you who ends up ahead.

The calculator screen showing renting ahead by $54K over ten years
A straight verdict at 1, 5, 10, 20 and 30 years
Net worth over time chart comparing renter and buyer net worth
Net worth for both paths, side by side over time
Break-even appreciation and break-even stock return tables
The exact rates where the answer flips

What it models

The whole picture

Net worth, not rent vs. mortgage

Both sides are carried forward to a single number: what you're actually worth after each time horizon.

Opportunity cost

The renter invests the down payment and closing costs — and any month renting is cheaper — at your expected market return.

Break-even year

Find the point where the winning strategy switches — and the appreciation or stock return that would flip it.

Sensitivity analysis

A grid of home appreciation against stock return, so you can see how fragile — or safe — the answer really is.

The costs people forget

PMI that cancels itself at 20% equity, HOA, maintenance, closing costs, property tax, insurance and utilities on both sides.

Mortgage interest deduction

Compares itemizing against the standard deduction each year, and invests the difference — shrinking as your interest does.

No catch

Completely free

Every feature is unlocked for everyone. There's no Pro tier, nothing is held back behind a paywall, and there are no ads anywhere in the app.

No ads No paywall No account No tracking Data stays on device

Optional

Buy me a coffee

I build these on nights and weekends and give them away. If Rent vs. Buy helped you think through a big decision, you're welcome to throw a coffee my way.

Buy me a coffee

Completely optional. It unlocks nothing, because the app is already free in full.