Rent vs. Own Calculator — HomeWealth Solutions

Scenario Inputs

🏠 Buying

Purchase Price

Down Payment

Interest Rate

Loan Term

Property Tax (Annual %)

Homeowner's Insurance (Annual)

HOA (Monthly)

Maintenance (Annual % of Value)

Closing Costs

🔑 Renting

Monthly Rent

Annual Rent Increase

Renter's Insurance (Annual)

Assumptions

📊 Assumptions

Home Appreciation (Annual %)

Investment Return on Savings (Annual %)

Federal Tax Bracket

State Income Tax Rate

Cost to Sell %

Investment return assumes the renter invests their down payment and any monthly savings vs. buying in a diversified portfolio. Tax benefit (interest deduction) applies only if itemizing — consult a CPA. Cost to Sell is amortized monthly over the analysis horizon and included in buying's total cost.

Monthly Cost Comparison

🏠 Buying

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🔑 Renting

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Horizon: 10 Years

1yr5yr10yr15yr20yr25yr30yr

At 10 Years

Verdict at Selected Horizon

Enter scenario above

Net Wealth Comparison Over Time

Buying vs. Renting — Net Wealth Position

Buying: home equity (value − loan balance). Renting: down payment + monthly savings invested at assumed return rate.

Year-by-Year Snapshot

Year	Home Value	Loan Balance	Equity (Buying)	Portfolio (Renting)	Advantage

Payment examples are illustrative and based on the assumptions entered above. Actual costs, appreciation, and investment returns will vary. Tax deductibility depends on individual circumstances — consult a CPA.
This communication is for educational purposes only and does not constitute an offer to lend. All loans subject to credit approval. HomeWealth Solutions LLC, NMLS #2742458. Equal Housing Opportunity.