WEIGH YOUR OPTIONS

Rent vs. Buy
Calculator

Compare projected housing costs, equity growth, and estimated net position over the years you expect to remain in the home.

RENT VS. BUY PLANNER

Build Your Plan

01

RENTING

Your Current Rental Scenario

$ /mo
%
$ /mo
% /yr
02

BUYING

Your Home Purchase Scenario

$650,000
$100K$2M
$
Quick Select
%
Quick Select
%
% /yr
$ /mo
% of value
%
%
%

This planner does not estimate income-tax benefits. Tax treatment varies by borrower and should be reviewed with a qualified tax professional.

ESTIMATED FINANCIAL ADVANTAGE

$0

Estimated difference in net position after the selected time horizon.

Estimated Net Cost of Renting $0
Estimated Net Cost of Buying $0
Break-Even —
Home Value $0
Mortgage Balance $0
Net Equity $0

GOLDEN OAK INSIGHT

Buying may create a stronger net position over this time horizon.

Buying Leads

The result depends heavily on appreciation, maintenance, transaction costs, rent growth, and how long you remain in the home.

INITIAL MONTHLY HOUSING COST

$0

20.0% Down
Principal & Interest$0
Property Taxes$0
Homeowners Insurance$0
HOA Dues$0
Estimated Maintenance$0

YEAR-BY-YEAR VIEW

See How the Comparison Changes Over Time

Projected net position reflects estimated housing costs, investment growth on renter cash, home appreciation, mortgage balance, and selling costs.

Year Renting Net Cost Buying Net Cost Projected Equity Advantage

COMPARE TIME HORIZONS

See How Time Changes the Decision

Short ownership periods can be heavily affected by transaction costs, while longer periods allow more time for principal reduction and potential appreciation.

5 YEARS

$0

Projected Home Value$0
Projected Net Equity$0
Lower Net Cost—

10 YEARS

$0

Projected Home Value$0
Projected Net Equity$0
Lower Net Cost—

15 YEARS

$0

Projected Home Value$0
Projected Net Equity$0
Lower Net Cost—

NEXT PLANNING TOOLS

Continue Planning

Mortgage Payment CalculatorBuild a detailed purchase payment using a specific home price, down payment, rate, taxes, insurance, and HOA.
→ $
Home Affordability CalculatorEstimate a home-price range using income, monthly debts, down payment, and financing assumptions.
→
Buy vs. Wait Calculator Compare purchasing now with waiting under different price, rate, savings, and appreciation assumptions.
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YOUR PLAN DESERVES A PERSONAL REVIEW

Review Your Rent vs. Buy Plan With Golden Oak

A personalized mortgage review can account for your credit profile, available cash, expected time in the home, loan options, and complete monthly budget.

Review Plan >

This planner provides estimates for educational purposes only and does not constitute a loan offer, approval, rate quote, tax advice, investment advice, savings guarantee, or commitment to lend. Results rely on user-selected assumptions regarding rent growth, investment return, appreciation, maintenance, transaction costs, insurance, taxes, and time in the home. Actual property values, rents, expenses, mortgage balances, tax treatment, selling costs, and financial outcomes may vary materially.