← Free tools
No Account Needed
Would renting or buying cost less over time?
Compare renting with a home’s costs and possible equity.
Looks favorable based on your numbers
Renting shows more modeled wealth
This counts home equity after selling costs and savings invested by either path.
Buy — equity plus invested savings
$129,825
Rent — invested savings
$134,661
- Owner monthly cost
- $2,167
- Up-front buying cash
- $69,000
For educational purposes only. ClearPath provides estimates and scenario comparisons based on the information and assumptions entered. Results are not financial, investment, tax, legal, or accounting advice and are not a guarantee of future results.
Your numbers
$
$
$
%
$
%
%
years
Example numbers are shown until you change them. Nothing entered here is saved.
Important assumptions & disclosures
- 30-year fixed mortgage; buying costs 3% and selling costs 6%, both editable only in the advanced property Lab. Flat rent and owner costs. Renter invests the down payment, closing costs and any monthly cost savings; homeowner invests when renting costs more. Compares ending modeled wealth, not quality of life. No tax benefits or PMI.
See how this fits into your full ClearPath plan
Keep track of your money with a free account, or compare a deeper strategy in Premium.