Inputs

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yrs
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Overview

Price-to-Rent Ratio Ratio of home price to annualized rent

37x

Cost Cost of Ownership vs Cost of Rent

Net Worth Home Equity vs Investment Portfolio

Buy or Rent Buying is better

+$373.09k

Net Worth

Year

Buy (Home Equity)

Rent (Investment Portfolio)

2024$258.99k$287.86k
2025$399.06k$375.97k
2026$552.21k$474.30k
2027$719.68k$584.12k
2028$902.88k$706.82k
2029$1.10M$843.97k
2030$1.32M$997.33k
2031$1.56M$1.17M
2032$1.83M$1.36M
2033$2.11M$1.58M
2034$2.43M$1.82M
2035$2.77M$2.09M
2036$3.15M$2.39M
2037$3.57M$2.72M
2038$4.02M$3.10M
2039$4.52M$3.53M
2040$5.06M$4.00M
2041$5.66M$4.53M
2042$6.31M$5.12M
2043$7.03M$5.79M
2044$7.82M$6.53M
2045$8.68M$7.37M
2046$9.63M$8.30M
2047$10.67M$9.35M
2048$11.81M$10.52M
2049$13.00M$11.76M
2050$14.29M$13.14M
2051$15.72M$14.69M
2052$17.30M$16.43M
2053$19.03M$18.38M
2054$20.93M$20.56M

Buy Breakdown

Year

Mortgage Payment

Property Tax

Maintenance

Homeowner's Insurance

Home Equity

Home Value

Closing Costs

2024$68.93k$3.50k$11.99k$2.88k$258.99k$1.20M$0.00
2025$68.93k$3.85k$13.19k$3.17k$399.06k$1.32M$0.00
2026$68.93k$4.24k$14.51k$3.48k$552.21k$1.45M$0.00
2027$68.93k$4.66k$15.96k$3.83k$719.68k$1.60M$0.00
2028$68.93k$5.13k$17.56k$4.21k$902.88k$1.76M$0.00
2029$68.93k$5.64k$19.32k$4.64k$1.10M$1.93M$0.00
2030$68.93k$6.21k$21.25k$5.10k$1.32M$2.12M$0.00
2031$68.93k$6.83k$23.37k$5.61k$1.56M$2.34M$0.00
2032$68.93k$7.51k$25.71k$6.17k$1.83M$2.57M$0.00
2033$68.93k$8.26k$28.28k$6.79k$2.11M$2.83M$0.00
2034$68.93k$9.09k$31.11k$7.47k$2.43M$3.11M$0.00
2035$68.93k$9.99k$34.22k$8.21k$2.77M$3.42M$0.00
2036$68.93k$10.99k$37.64k$9.03k$3.15M$3.76M$0.00
2037$68.93k$12.09k$41.41k$9.94k$3.57M$4.14M$0.00
2038$68.93k$13.30k$45.55k$10.93k$4.02M$4.55M$0.00
2039$68.93k$14.63k$50.10k$12.02k$4.52M$5.01M$0.00
2040$68.93k$16.10k$55.11k$13.23k$5.06M$5.51M$0.00
2041$68.93k$17.71k$60.62k$14.55k$5.66M$6.06M$0.00
2042$68.93k$19.48k$66.69k$16.00k$6.31M$6.67M$0.00
2043$68.93k$21.42k$73.35k$17.61k$7.03M$7.34M$0.00
2044$68.93k$23.57k$80.69k$19.37k$7.82M$8.07M$0.00
2045$68.93k$25.92k$88.76k$21.30k$8.68M$8.88M$0.00
2046$68.93k$28.52k$97.63k$23.43k$9.63M$9.76M$0.00
2047$68.93k$31.37k$107.40k$25.78k$10.67M$10.74M$0.00
2048$68.93k$34.50k$118.14k$28.35k$11.81M$11.81M$0.00
2049$0.00$37.95k$129.95k$31.19k$13.00M$13.00M$0.00
2050$0.00$41.75k$142.95k$34.31k$14.29M$14.29M$0.00
2051$0.00$45.92k$157.24k$37.74k$15.72M$15.72M$0.00
2052$0.00$50.52k$172.97k$41.51k$17.30M$17.30M$0.00
2053$0.00$55.57k$190.26k$45.66k$19.03M$19.03M$0.00
2054$0.00$61.13k$209.29k$50.23k$20.93M$20.93M$0.00

Rent Breakdown

Year

Rent

Renter's Insurance

Surplus

Investment Portfolio

2024$32.76k$327.60$54.22k$287.86k
2025$33.81k$338.08$55.00k$375.97k
2026$34.89k$348.90$55.93k$474.30k
2027$36.01k$360.07$57.02k$584.12k
2028$37.16k$371.59$58.30k$706.82k
2029$38.35k$383.48$59.79k$843.97k
2030$39.58k$395.75$61.51k$997.33k
2031$40.84k$408.42$63.49k$1.17M
2032$42.15k$421.48$65.75k$1.36M
2033$43.50k$434.97$68.33k$1.58M
2034$44.89k$448.89$71.25k$1.82M
2035$46.33k$463.26$74.57k$2.09M
2036$47.81k$478.08$78.32k$2.39M
2037$49.34k$493.38$82.54k$2.72M
2038$50.92k$509.17$87.29k$3.10M
2039$52.55k$525.46$92.62k$3.53M
2040$54.23k$542.27$98.60k$4.00M
2041$55.96k$559.63$105.29k$4.53M
2042$57.75k$577.54$112.77k$5.12M
2043$59.60k$596.02$121.12k$5.79M
2044$61.51k$615.09$130.43k$6.53M
2045$63.48k$634.77$140.80k$7.37M
2046$65.51k$655.08$152.35k$8.30M
2047$67.60k$676.05$165.19k$9.35M
2048$69.77k$697.68$179.46k$10.52M
2049$72.00k$720.01$126.37k$11.76M
2050$74.30k$743.05$143.96k$13.14M
2051$76.68k$766.82$163.45k$14.69M
2052$79.14k$791.36$185.07k$16.43M
2053$81.67k$816.69$209.01k$18.38M
2054$84.28k$842.82$235.52k$20.56M