Rent vs Buy Calculator
- Home
- Rent vs Buy Calculator
Renting
Buying
Additional info
Total costs after 14 years
Buying is $15,536 less than renting
Rent | Buy | |
---|---|---|
Initial costs i | $24,000 | $60,009 |
Recurring costs i | $412,532 | $613,725 |
Opportunity costs i | $208,164 | $358,438 |
Net proceeds i | -$24,000 | -$434,292 |
Total (Inflation adjusted) | $422,664 | $407,128 |