All Calculators
Rent vs. Buy Calculator
Rent vs. Buy Calculator
Buying
$
%
%
%
PA avg ~3–4%, FL avg ~4–6%
Renting
$
%
yrs
Buying Advantage
$150,982
over 7 years
Total Rent Paid
$202,289
Total Own Costs
$220,833
Home Value at Exit
$526,373
Net Equity (after sale)
$169,527
Simplified model. Excludes investment returns on down payment, maintenance (~1%/yr), and tax deductions. Consult Jim for a full analysis.
Ready to stop renting? Jim helps renters make the leap to homeownership in PA and FL. Let's talk about what makes sense for your situation. Contact Jim