Pwayko Real Estate

    Rent vs. Buy Calculator

    Compare the long-term costs of renting versus the financial benefits of homeownership.

    After 7 Years

    Total Rent Paid (Gone forever)$331,728
    Estimated Home Equity (Wealth built)$405,235

    *Assumes 4% annual rent increase, 3% annual home appreciation, 20% down payment, 6.5% interest rate, and includes estimates for taxes, insurance, and maintenance.

    Discuss Your Strategy

    Navigating the Rent vs Buy Calculator

    Deciding whether to keep renting or finally buy isn't just a math problem—it's about timing and where you are in life. This rent vs buy calculator helps you see past the immediate monthly payment and look at the bigger picture of where your money is actually going.

    A lot of people think buying is always the right answer, but renting gives you flexibility when you need it. However, if you're planning to stay put for a few years, buying turns your housing cost into an investment rather than an expense. It's about figuring out when it makes sense to trade that flexibility for long-term equity.

    Take a look at how the numbers shake out over time. If you want an honest opinion on whether it's the right time for you to make a move, let's talk.