Welcome to Rent versus Buy calculator by InvestinSouthBay
Should you buy a home or rent?
If you are renting a home and want to find out if it is cost effective to buy a home, use this calculator to determine the trade-off.
Home ownership is a way to build your equity from the money you currently spend in paying rent each month. However, depending on the price of ownership of a home and the market rent in your area, you wonder if it is cost effective to buy a home or rent. Simply enter the information in the cells and the calculator will tell you the equivalent cost of home ownership and rent. Contact us if you have any questions by clicking here.