Rent vs. Buy Calculator

This tool compares the long-term costs of renting versus buying a home in the Boston area. Adjust the inputs below to see a detailed financial analysis in real time.

Buying Parameters

Purchase Price ($):

Down Payment Percentage (%):

Mortgage Interest Rate (% per year):

Loan Term (years):

Property Tax Rate (% of purchase price per year):

Homeowners Insurance (annual, $):

Maintenance Rate (% of purchase price per year):

Closing Costs (% of purchase price):

Selling Costs (% of future sale price):

Home Appreciation Rate (% per year):

Investment Return Rate (% per year):

Years to Hold / Stay in Home:

House Hacking Income (Monthly, $) (optional; default 0):

Renting Parameters

Current Monthly Rent ($):

Annual Rent Increase Rate (%):