Rent vs buy Calculator

Deciding between renting and buying a home is a big decision, and many factors influence which will be the better financial choice. This rent vs buy calculator considers the costs and earnings associated with renting and buying to determine which option may save you more money over time.

Buying is cheaper than renting, you will save $39,222 in 5 years1

Monthly cost1
Rent$2,601
Buy$1,947

Take the next step with a pre-approval

It takes as little as 3 minutes. A customizable pre-approval letter helps you make a personalized offer quickly.

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