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Rent vs Buy Calculator
Compare costs, explore personalized insights, and determine whether renting or buying is smarter for you.
Buy
$
$
$
$
$
If you have annual HOA fees, divide by 12
%
Rent
$
$
Enter Details to Begin
Please enter your buy and rent details, then click Calculate to see which option saves you more money.
Disclaimer
This calculator is being provided for educational purposes only. The results are estimates based on information you provided and may not reflect First Rate Mortgage Inc. product terms. The information cannot be used by First Rate Mortgage Inc. to determine a customer's eligibility for a specific product or service.