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Meshesha Robel, REALTOR®, Sutton Group Admiral Realty, Brokerage

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Rent vs Buy Calculator

This rent versus buy calculator compares the monthly cost of renting with the cost of owning and estimates equity after a number of years, using a price change assumption you choose. It is a simplified estimate, not a forecast.

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Monthly cost to rent$3,000
Monthly cost to own$4,442
Estimated equity after 5 years$365,522
Rent paid over 5 years$180,000

Simplified comparison. The price change is your own assumption, not a forecast. Ignores closing costs, investment returns on the down payment and rent increases. Estimate only, for general information. Confirm all figures with your lawyer, lender and accountant.

Want help applying these numbers to a real property? Call or text Meshesha Robel, REALTOR®, Sutton Group Admiral Realty, Brokerage, at 647-342-1355, or explore all calculators.

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