Rent or buy a home
Compare the long-term cost of renting vs buying, and estimate the down payment and mortgage within your budget.
How this journey works
These aren't separate calculators — they're 2 connected steps that build to one decision. Do each step, note its headline number, and carry it into the next.
1Rent or buy?
Compare cumulative cost and find the break-even year.
↪ Use this step's result in the next step.
2Down payment & mortgage
Estimate the down payment and mortgage within your monthly budget.
Related categories
Related guides
Making your decision
- Gather the headline number from each step in one place.
- Weigh the monthly cost against your income and priorities.
- Don't forget non-financial factors: stability, time, peace of mind.
- Results are estimates — confirm official figures before deciding.
Results are estimates and not professional advice. Verify important decisions with a qualified professional.