Smart Financial Decision Engine
Rent or Buy? Make the Right Call.
Compare true long-term costs, equity growth, and opportunity costs with clean projections.
Live Financial Decision Engine • Instant Verdict
Renting & Timeline
Your current rental cost and planning horizon
Expected monthly rent for an equivalent home
$2,000/mo
$/mo
$500/moAnnual: $24,000$10,000/mo
Number of years you plan to live in this home
10 Years
yrs
1 yrsTotal Rent: $240,00030 yrs
Total Rent Paid (10 yrs):$240,000
Calculated as $2,000/month across 120 months.
Buying Scenario
Home purchase price and mortgage parameters
Total purchase price of the home
$350,000
$
$50,000$1,500,000
Percentage of the price you pay with cash upfront
20%
%
0%Cash: $70,00050%
Annual percentage rate for a 30-year fixed loan
6.5%
%
2%Loan: $280,00012%
Monthly Mortgage (P&I):$1,770/mo
Down payment: $70,000Loan amount: $280,000
Homeownership Advantage
Over 10 YearsBuying saves you $77,996 over 10 years!
Building home equity and estimated 3%/year property growth outweigh the monthly mortgage payments over this 10-year period.
Estimated Savings
$77,996
net financial differenceCumulative Financial Comparison
Comparing your total out-of-pocket rent with the net cost of homeownership
Total Spent on Rent$240,000
10 years at $2,000/mo100% relative cost
Net Cost of Buying$162,004
Down payment + payments - 3%/yr home growth68% relative cost
Estimated Monthly Mortgage
$1,770/mo
Principal & Interest (30-year fixed)
Total Out-of-Pocket Rent
$240,000
Total over 10 years
Future Home Equity
$232,998
Value minus remaining loan balance