Rent VS Buy Calculator | Dr Real Estate MN

Rent vs. Buy Calculator

Compare the estimated cost of renting versus buying over time. This tool is for planning purposes and helps illustrate how monthly housing costs, equity, appreciation, owner-occupied rental income, and operating reserves may affect your decision.

Monthly Rent

Comparison Period (Years)

Property Type

Home Price

Down Payment (%)

Interest Rate (%)

Loan Term (Years)

Property Taxes (Annual $)

Annual Homeowners Insurance

Monthly HOA

PMI Rate (% Per Year if Under 20% Down)

Annual Appreciation Rate (%)

Vacancy Rate (% of Rent)

Repairs & Maintenance Reserve (% of Rent)

Landlord-Paid Utilities / Shared Costs (Monthly)

Rental Unit Income

Unit 2 Monthly Rent

Unit 3 Monthly Rent

Unit 4 Monthly Rent

Total Rent Paid $0

Total Buying Payments $0

Estimated Equity After Period $0

Estimated Net Cost of Buying $0

Total Gross Rental Income $0

Total Vacancy + Reserves + Utilities $0

Total Net Rental Offset $0

Effective Monthly Ownership Cost $0

Estimated Comparison

Complete the fields above and click calculate.

Monthly Buying Payment Breakdown

Principal and Interest: $0
Property Taxes: $0
Insurance: $0
PMI: $0
HOA: $0
Gross Monthly Payment: $0
Monthly Net Rent Offset: $0

Ownership Snapshot

Down Payment: $0
Loan Amount: $0
Principal Paid Down: $0
Estimated Future Home Value: $0

This calculator provides estimates only and is not financial, tax, or lending advice. Results are not a loan approval or commitment to lend. Actual costs, appreciation, taxes, PMI, insurance, rent received, vacancy, repairs, reserves, utilities, and resale outcomes may vary.