Compare estimated costs across assumptions, including the return you could earn on money committed to a home.
US-style fixed-rate cash-flow model. Currency is a display choice. Defaults are illustrative assumptions, not forecasts or offers.
Estimates update as you edit. Calculation assumptions
Renting: $225,059.42
Buying, after sale equity: $223,745.99
Buying minus renting: -$1,313.43. A positive value means buying costs more under these assumptions; a negative value means less. This is not a recommendation.
Estimated sale equity before discounting: $163,676.01. Remaining loan balance: $237,373.15.
First sampled crossing: 6–10 years across scenarios that cross. At least one scenario does not cross within the horizon. Checks are annual plus the chosen final horizon; a crossing is not guaranteed to persist.
Purchase costs and down payment are paid at the start. Mortgage payments, property tax, maintenance, insurance and rent are paid monthly. Rent increases annually; tax and maintenance follow assumed home value. The home is sold at the horizon, selling costs and remaining mortgage are deducted, and net equity offsets ownership costs.
Both streams are discounted using your assumed investment return, accounting for the opportunity cost of the down payment and monthly spending differences. Negative ownership costs can occur when assumed appreciation exceeds costs; this is a scenario outcome, not a forecast.
Excluded: PMI, HOA, tax deductions and capital-gains taxes, rent deposits, moving expenses, transaction timing risk and investment volatility. Add country-specific costs separately. No country-wide underwriting rule is implied.
Methodology and formula tests · Mortgage payment · Budget assumptions