Compare the true long-term cost of renting versus buying — including hidden costs most calculators miss.
🏠 If You Buy
🏢 If You Rent
Buying includes: Down payment, closing costs (~3%), mortgage P&I, property tax (~1.25%/yr), insurance (~0.5%/yr), maintenance (~1%/yr). Net cost subtracts equity built and appreciation.
Renting includes: Monthly rent with annual increases, renter's insurance (~$15/mo), security deposit (1 month, returned).