Should you rent or buy?

The honest answer for your situation — drag the sliders and watch the verdict, the cost breakdown, and the break-even point update live. Owning only wins if you stay long enough to build equity.

If you buy

The home
Percent of the price paid upfront
Yearly running costs
How fast the home grows in value

If you rent

Your plan

The single biggest driver of the answer

The verdict

Cost to buy (net)
Cost to rent
Equity you'd build
value minus what you owe
Break-even
when buying overtakes

The crossover

Cumulative cost over time. Where the lines cross is when buying starts to win.

Side by side

homeBuying

Down payment
Mortgage paid
Property tax
Insurance + upkeep
Less: equity
Net cost

apartmentRenting

Total rent
Renter insurance
  
  
  
Total cost

What this means for you