Mortgage & Housing
Should I rent or buy?
Compare monthly rent with estimated ownership costs to find your break-even point. Use realistic taxes and maintenance rates.
Try the calculator
Use local property tax and maintenance estimates.
What this means
Buying can win if monthly ownership costs are close to rent and you stay long enough to recoup upfront costs.
What to do next
If the break-even is far away, renting may be safer. If the break-even is short, consider owning and building equity.
FAQ
Does this include home appreciation?
No. This is a cost-based break-even estimate. Appreciation can change the result, but it is unpredictable.
Why include maintenance?
Owners pay for repairs, upkeep, and replacements. This line keeps the comparison realistic.