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Rent vs buy

When buying beats renting as the rate changes

Each row runs the rent vs buy calculator at one interest rate: one point below 6.5%, 6.5%, and one point above. The verdict and dollar lead come from that calculation. This page recalculates from the calculator inputs. It does not read a live rate feed.

Calculator inputs

Taxes, insurance, appreciation, investment return, and the other rent vs buy inputs stay on the calculator defaults. Changing these numbers recalculates every row.

Verdict at each rate, after 7 years

Rent vs buy verdict and dollar lead at each interest rate
Interest rateVerdictDollar leadResult
5.5%Renting$11,921Renting is ahead by $11,921.
6.5%Renting$40,805Renting is ahead by $40,805.
7.5%Renting$70,063Renting is ahead by $70,063.

Should I rent or buy? · Open the rent vs buy calculator

Questions

Does this page use today’s mortgage rates?

No. Each row runs the rent versus buy formula at one rate: one point below the rate filled in on the page, that rate, and one point above. It does not read a live rate feed.

Can a different stay change which path wins?

Yes. The years, price, and rent on the rent versus buy calculator can flip the result. This page only moves the rate.

Is the dollar lead a quote?

No. It is an estimate from the calculator inputs, including the appreciation and investment return already filled in.