SMB Buy vs Rent Calculator

This app is here to help you easily compare, as a general guide, what it costs to buy versus rent a home.

We know these decisions can feel overwhelming, so we’ve made it super simple and straightforward.

We recommend using our app as a general guide only. To be sure of the numbers, we highly recommend that you consult a financial planner or an accountant before you make a final financial decision, one way or the other.

Click Here to Download: SMB Rent or Buy

• On the left, you’ll see the “Buying Scenario” where you enter all the important details like house price, mortgage rate, insurance, and fees.
• Don’t worry if you’re unsure about some terms — just hover over each box for quick explanations.
• On the right, the “Renting Scenario” lets you fill in your monthly rent, renter’s insurance, and utility costs.
• Once you enter your numbers, click on “Calculate” to see clear monthly and total cost comparisons.
• Plus, there’s a handy chart below that makes it easy to visualize the difference.

• You can also check out the amortization schedule, showing how your mortgage payments split between principal and interest over time.
• The window’s resizable and remembers your preferences so you can work comfortably anytime.
• Side‑by‑side inputs for buying and renting are displayed to compare real numbers, not guesses.