Housing Analysis
Rent vs. Buy — see which makes you richer, and when.
Verdict
Rent
by $48K over 10yr
Break-even
Never
renting stays ahead
Monthly Δ
+$872.62
more to own vs rent
Opp. Cost
$181K
down+closing if invested 10yr
Net Worth Over Time
Initial Monthly Breakdown
True Cost Over 10 Years
Total Paid (buying)
down + closing + all monthly costs
$453,116.23
Home Sale Proceeds
sale at 3.5%/yr growth, net of 6.0% fees
+$530,385.13
Net Cost of Buying
total paid minus sale proceeds
-$77,268.90
Total Rent Paid
at 3.0%/yr rent growth
$279,482.84
You save buying
$356,751.74
Decision Insights
Renting comes out ahead by $48K over 10 years.
Buying never overtakes renting within 10 years at these assumptions.
Your monthly cost is $872.62 higher buying vs renting — that extra cash builds equity.
Market returns (7.0%) significantly exceed home appreciation (3.5%) — the renter's investment portfolio benefits.
Key Numbers
Loan Amount
$320K
Down Payment
$80K
Closing Costs
$12K
Mortgage P&I
$2,022.62/mo
Buy Net Worth
$259K
Rent Net Worth
$307K