The choice between buying a home and renting one is among the biggest financial decisions that many adults make. Take the guesswork out of your decision—use our calculator to find out if buying or renting is the best fit for your lifestyle and budget!
| Year | Equity Value (the amount of equity built up in the home) | Buying Total (cumulative cost of buying) | Buying Net (cumulative net cost of buying after accounting for equity) | Renting Total (cumulative cost of renting) |
|---|---|---|---|---|
| Year: 1 | $800,000.00 | $2,009,146.87 | $1,209,146.87 | $306,000.00 |
| Year: 2 | $1,109,000.00 | $3,518,293.75 | $2,409,293.75 | $618,120.00 |
| Year: 3 | $1,427,270.00 | $5,027,440.62 | $3,600,170.62 | $936,482.40 |
| Year: 4 | $1,755,088.10 | $6,536,587.49 | $4,781,499.39 | $1,261,212.05 |
| Year: 5 | $2,092,740.74 | $8,045,734.37 | $5,952,993.63 | $1,592,436.29 |
| Year: 6 | $2,440,522.97 | $9,554,881.24 | $7,114,358.28 | $1,930,285.01 |
| Year: 7 | $2,798,738.65 | $11,064,028.12 | $8,265,289.46 | $2,274,890.72 |
| Year: 8 | $3,167,700.81 | $12,573,174.99 | $9,405,474.18 | $2,626,388.53 |
| Year: 9 | $3,547,731.84 | $14,082,321.86 | $10,534,590.03 | $2,984,916.30 |
| Year: 10 | $3,939,163.79 | $15,591,468.74 | $11,652,304.94 | $3,350,614.63 |
| Year: 11 | $4,342,338.71 | $17,100,615.61 | $12,758,276.90 | $3,723,626.92 |
| Year: 12 | $4,757,608.87 | $18,609,762.48 | $13,852,153.62 | $4,104,099.46 |
| Year: 13 | $5,185,337.13 | $20,118,909.36 | $14,933,572.22 | $4,492,181.45 |
| Year: 14 | $5,625,897.25 | $21,628,056.23 | $16,002,158.98 | $4,888,025.07 |
| Year: 15 | $6,079,674.17 | $23,137,203.11 | $17,057,528.94 | $5,291,785.58 |
| Year: 16 | $6,547,064.39 | $24,646,349.98 | $18,099,285.59 | $5,703,621.29 |
| Year: 17 | $7,028,476.32 | $26,155,496.85 | $19,127,020.53 | $6,123,693.71 |
| Year: 18 | $7,524,330.61 | $27,664,643.73 | $20,140,313.11 | $6,552,167.59 |
| Year: 19 | $8,035,060.53 | $29,173,790.60 | $21,138,730.07 | $6,989,210.94 |
| Year: 20 | $8,561,112.35 | $30,682,937.47 | $22,121,825.13 | $7,434,995.16 |
| Year: 21 | $9,102,945.72 | $32,192,084.35 | $23,089,138.63 | $7,889,695.06 |
| Year: 22 | $9,661,034.09 | $33,701,231.22 | $24,040,197.13 | $8,353,488.96 |
| Year: 23 | $10,235,865.11 | $35,210,378.10 | $24,974,512.98 | $8,826,558.74 |
| Year: 24 | $10,827,941.06 | $36,719,524.97 | $25,891,583.90 | $9,309,089.92 |
| Year: 25 | $11,437,779.30 | $38,228,671.84 | $26,790,892.55 | $9,801,271.72 |
| Year: 26 | $12,065,912.68 | $39,737,818.72 | $27,671,906.04 | $10,303,297.15 |
| Year: 27 | $12,712,890.06 | $41,246,965.59 | $28,534,075.53 | $10,815,363.09 |
| Year: 28 | $13,379,276.76 | $42,756,112.46 | $29,376,835.71 | $11,337,670.35 |
| Year: 29 | $14,065,655.06 | $44,265,259.34 | $30,199,604.28 | $11,870,423.76 |
| Year: 30 | $14,772,624.71 | $45,774,406.21 | $31,001,781.50 | $12,413,832.24 |
| Year: 31 | $15,500,803.45 | $47,283,553.09 | $31,782,749.63 | $12,968,108.88 |
| Year: 32 | $16,250,827.56 | $48,792,699.96 | $32,541,872.40 | $13,533,471.06 |
| Year: 33 | $17,023,352.38 | $50,301,846.83 | $33,278,494.45 | $14,110,140.48 |
| Year: 34 | $17,819,052.96 | $51,810,993.71 | $33,991,940.75 | $14,698,343.29 |
| Year: 35 | $18,638,624.54 | $53,320,140.58 | $34,681,516.04 | $15,298,310.16 |
| Year: 36 | $19,482,783.28 | $54,829,287.45 | $35,346,504.17 | $15,910,276.36 |
| Year: 37 | $20,352,266.78 | $56,338,434.33 | $35,986,167.55 | $16,534,481.89 |
| Year: 38 | $21,247,834.78 | $57,847,581.20 | $36,599,746.42 | $17,171,171.52 |
| Year: 39 | $22,170,269.83 | $59,356,728.08 | $37,186,458.25 | $17,820,594.95 |
| Year: 40 | $23,120,377.92 | $60,865,874.95 | $37,745,497.03 | $18,483,006.85 |
| Year: 41 | $24,098,989.26 | $62,375,021.82 | $38,276,032.57 | $19,158,666.99 |
| Year: 42 | $25,106,958.94 | $63,884,168.70 | $38,777,209.76 | $19,847,840.33 |
| Year: 43 | $26,145,167.70 | $65,393,315.57 | $39,248,147.87 | $20,550,797.14 |
| Year: 44 | $27,214,522.73 | $66,902,462.44 | $39,687,939.71 | $21,267,813.08 |
| Year: 45 | $28,315,958.42 | $68,411,609.32 | $40,095,650.90 | $21,999,169.34 |
| Year: 46 | $29,450,437.17 | $69,920,756.19 | $40,470,319.02 | $22,745,152.73 |
| Year: 47 | $30,618,950.28 | $71,429,903.07 | $40,810,952.78 | $23,506,055.78 |
| Year: 48 | $31,822,518.79 | $72,939,049.94 | $41,116,531.15 | $24,282,176.90 |
| Year: 49 | $33,062,194.36 | $74,448,196.81 | $41,386,002.46 | $25,073,820.44 |
| Year: 50 | $34,339,060.19 | $75,957,343.69 | $41,618,283.50 | $25,881,296.84 |