Rent vs. Buy Calculator
Buying a home is likely your largest financial decision. Compare renting vs. buying a home for good decision-making. Use this Google Sheets calculator to make an informed decision.
What It Does:
- Estimates the money that you will “throw away” as a home owner, for fair comparison to rent costs.
- It helps you make a long-term decision that is likely to maximize your long-term net worth.
- Accounts for unique factors such as local property tax rates and mortgage rates.
What You Need to Do:
- Make it your own: Save to your Google Drive or download an excel copy.
- Read this article to understand the various costs of home ownership.
- Rent vs. Buy: How to Evaluate
- Top 8 Advantages of Renting
- Book: The Wealthy Renter (Affiliate link)
- “The Case for Renting”. Benjamin Felix, PWL Capital