MORTGAGE Vs RENT CALCULATOR
Make smarter housing decisions with my fully automated Rent vs. Buy Calculator.
This professional tool helps you compare the long-term costs of renting versus buying, factoring in mortgage payments, rent increases, insurance, taxes, and more — all in one clear, easy-to-use dashboard.
What’s Included
✅ Assumptions Sheet – Enter your key details:
Home price, down payment, interest rate, loan term
Monthly rent, annual rent increase, insurance costs
Other homeownership expenses
✅ Mortgage Calculator – Automatically calculates monthly payment, interest, principal, and amortization.
✅ Buy (Mortgage) Sheet – Year-by-year breakdown of total costs of owning.
✅ Rent_Calc Sheet – Year-by-year breakdown of total costs of renting, with rent increase applied.
✅ Comparison Sheet – Clear, dynamic side-by-side comparison of rent vs. buy over any number of years you choose.
✅ Fully customizable — update any assumption and the entire workbook updates instantly.
Why Choose This Tool
Data-driven decision-making — See exactly which option costs less over time
Easy to use — No complex formulas to learn, just input your details
⚠️ Disclaimer:
This tool is for educational and informational purposes only. It does not constitute financial advice.
Mortgage vs Rent Calculator Easily compare the true cost of renting vs buying a home over time. This calculator factors in mortgage payments, property taxes, insurance, maintenance, HOA fees, rent increases, and more—so you can make the smartest financial decision for your future. ✅ See a side-by-side cost breakdown ✅ Understand your long-term savings potential ✅ Simple, ready-to-use Excel/Google Sheets tool ✅ Perfect for homebuyers, investors, and renters Find out which option really makes sense for you.