Rent vs buy
The right answer depends on how long you'll stay, your local appreciation, and what your down payment would earn invested instead. Run the real comparison.
Your locationdetecting...
Renting
$
%
%
Where you'd invest the down payment instead
Buying
$
$
%
%
How long you'd stay in the home
After 10 years
Buying wins
Renting stays ahead within the comparison window.
Owner net wealth
$428,725
Net of selling costs & remaining loan
Renter net wealth
$302,206
Down payment + closing invested instead