Buy vs. Rent

Compare buying vs. renting. See what your down payment could earn if invested instead.

Home Price

Down Payment

Mortgage Rate (%)

Loan Term

Monthly Rent What you'd pay renting a comparable home

Time Horizon

Investment Return (%) S&P 500 long-term avg

Home Appreciation (%) Monterey/Salinas historical

Rent Inflation (%)

Selling Costs (%) Agent + closing

Property Tax (%) Monterey County

Maintenance (%) % of home value per year

Insurance (%) % of home value per year