Rent vs Buy Calculator
When considering if renting is a better option than buying, it’s best to compare the numbers on a long-term scale. While renting may seem a good temporary option, buying a home is a better financial decision in most cases. The current lack of rentals in many areas, as well as the increase in market rents has made buying even more attractive. See what option makes sense for you.
Benefits of a home purchase:
  • Tax deductions
  • Builds equity
  • Increases your future borrowing power
  • Appreciation/Investment
  • Freedom
RENT
Desired monthly rent
$100
Years you would live there
1
BUY
Desired mortgage amount
$10,000
Loan term (in years)
5%
Interest rate
0.50%
Disclaimer: This calculator is provided for educational and informational purposes only. You should not take any action on the basis of the information provided through this calculator. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation. All figures are hypothetical and may not be accurate indicators of historical or current performance. Past performance does not guarantee nor indicate future results. This calculator does not take into account individual circumstances and should not be relied upon in any way as the sole source of information. Please consult with financial, tax, and legal advisers for any advice relating to your personal circumstances. This service shall not infer that the company assumes any fiduciary duties.

SafeRelo Remarks
Relocating in these times can be stressful and challenging. Help and guidance from a friendly GMS professional that goes above-and-beyond is the difference between a relocation gone wrong and one that is remarkable. Below are some comments showcasing GMS' high-touch level of customer satisfaction.
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