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Coldstone Group

Rent vs Buy Calculator

Compare the total cost of renting vs. owning over 1 / 3 / 5 years. The breakeven shows when cumulative rent paid exceeds total payments made, net of equity gained and estimated closing costs.

Inputs

Rent

Monthly Rent ($)

Annual Increase (%)

Purchase

Home Price ($)

Down Payment (%)

Interest Rate (%)

Loan Term (yrs)

PMI ($/mo)

Monthly Costs

Tax Rate (%/yr)

Home Ins. ($/mo)

HOA ($/mo)

Appreciation (%/yr)

Est. Closing Costs

—

~3% of price, excl. down payment

Ready

Enter your numbers and hit Calculate.

Breakeven = when cumulative rent paid exceeds total payments made plus closing costs, net of equity gained.

Monthly Rent (today)

$—

Monthly Own (all-in)

$—

Monthly Difference

$—

Breakeven Point

—

Monthly comparison (today)

—

Rent$—

Own (all-in)$—

Totals at 1 / 3 / 5 years

Total rent paid Total payments made Equity balance

Breakeven = when total rent paid > (total payments + closing costs − equity gained). Payments include P&I, taxes, insurance, HOA, and MI.

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Disclaimer: Planning tool only — not a loan estimate. Monthly Own includes estimated P&I + taxes + insurance + HOA + MI. Closing costs estimated at ~3% of purchase price, excluding the down payment (which contributes directly to initial equity). Actual costs vary by location and transaction.

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