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)

2023$258.99k$287.86k
2024$399.06k$375.97k
2025$552.21k$474.30k
2026$719.68k$584.12k
2027$902.88k$706.82k
2028$1.10M$843.97k
2029$1.32M$997.33k
2030$1.56M$1.17M
2031$1.83M$1.36M
2032$2.11M$1.58M
2033$2.43M$1.82M
2034$2.77M$2.09M
2035$3.15M$2.39M
2036$3.57M$2.72M
2037$4.02M$3.10M
2038$4.52M$3.53M
2039$5.06M$4.00M
2040$5.66M$4.53M
2041$6.31M$5.12M
2042$7.03M$5.79M
2043$7.82M$6.53M
2044$8.68M$7.37M
2045$9.63M$8.30M
2046$10.67M$9.35M
2047$11.81M$10.52M
2048$13.00M$11.76M
2049$14.29M$13.14M
2050$15.72M$14.69M
2051$17.30M$16.43M
2052$19.03M$18.38M
2053$20.93M$20.56M

Buy Breakdown

Year

Mortgage Payment

Property Tax

Maintenance

Homeowner's Insurance

Home Equity

Home Value

Closing Costs

2023$68.93k$3.50k$11.99k$2.88k$258.99k$1.20M$0.00
2024$68.93k$3.85k$13.19k$3.17k$399.06k$1.32M$0.00
2025$68.93k$4.24k$14.51k$3.48k$552.21k$1.45M$0.00
2026$68.93k$4.66k$15.96k$3.83k$719.68k$1.60M$0.00
2027$68.93k$5.13k$17.56k$4.21k$902.88k$1.76M$0.00
2028$68.93k$5.64k$19.32k$4.64k$1.10M$1.93M$0.00
2029$68.93k$6.21k$21.25k$5.10k$1.32M$2.12M$0.00
2030$68.93k$6.83k$23.37k$5.61k$1.56M$2.34M$0.00
2031$68.93k$7.51k$25.71k$6.17k$1.83M$2.57M$0.00
2032$68.93k$8.26k$28.28k$6.79k$2.11M$2.83M$0.00
2033$68.93k$9.09k$31.11k$7.47k$2.43M$3.11M$0.00
2034$68.93k$9.99k$34.22k$8.21k$2.77M$3.42M$0.00
2035$68.93k$10.99k$37.64k$9.03k$3.15M$3.76M$0.00
2036$68.93k$12.09k$41.41k$9.94k$3.57M$4.14M$0.00
2037$68.93k$13.30k$45.55k$10.93k$4.02M$4.55M$0.00
2038$68.93k$14.63k$50.10k$12.02k$4.52M$5.01M$0.00
2039$68.93k$16.10k$55.11k$13.23k$5.06M$5.51M$0.00
2040$68.93k$17.71k$60.62k$14.55k$5.66M$6.06M$0.00
2041$68.93k$19.48k$66.69k$16.00k$6.31M$6.67M$0.00
2042$68.93k$21.42k$73.35k$17.61k$7.03M$7.34M$0.00
2043$68.93k$23.57k$80.69k$19.37k$7.82M$8.07M$0.00
2044$68.93k$25.92k$88.76k$21.30k$8.68M$8.88M$0.00
2045$68.93k$28.52k$97.63k$23.43k$9.63M$9.76M$0.00
2046$68.93k$31.37k$107.40k$25.78k$10.67M$10.74M$0.00
2047$68.93k$34.50k$118.14k$28.35k$11.81M$11.81M$0.00
2048$0.00$37.95k$129.95k$31.19k$13.00M$13.00M$0.00
2049$0.00$41.75k$142.95k$34.31k$14.29M$14.29M$0.00
2050$0.00$45.92k$157.24k$37.74k$15.72M$15.72M$0.00
2051$0.00$50.52k$172.97k$41.51k$17.30M$17.30M$0.00
2052$0.00$55.57k$190.26k$45.66k$19.03M$19.03M$0.00
2053$0.00$61.13k$209.29k$50.23k$20.93M$20.93M$0.00

Rent Breakdown

Year

Rent

Renter's Insurance

Surplus

Investment Portfolio

2023$32.76k$327.60$54.22k$287.86k
2024$33.81k$338.08$55.00k$375.97k
2025$34.89k$348.90$55.93k$474.30k
2026$36.01k$360.07$57.02k$584.12k
2027$37.16k$371.59$58.30k$706.82k
2028$38.35k$383.48$59.79k$843.97k
2029$39.58k$395.75$61.51k$997.33k
2030$40.84k$408.42$63.49k$1.17M
2031$42.15k$421.48$65.75k$1.36M
2032$43.50k$434.97$68.33k$1.58M
2033$44.89k$448.89$71.25k$1.82M
2034$46.33k$463.26$74.57k$2.09M
2035$47.81k$478.08$78.32k$2.39M
2036$49.34k$493.38$82.54k$2.72M
2037$50.92k$509.17$87.29k$3.10M
2038$52.55k$525.46$92.62k$3.53M
2039$54.23k$542.27$98.60k$4.00M
2040$55.96k$559.63$105.29k$4.53M
2041$57.75k$577.54$112.77k$5.12M
2042$59.60k$596.02$121.12k$5.79M
2043$61.51k$615.09$130.43k$6.53M
2044$63.48k$634.77$140.80k$7.37M
2045$65.51k$655.08$152.35k$8.30M
2046$67.60k$676.05$165.19k$9.35M
2047$69.77k$697.68$179.46k$10.52M
2048$72.00k$720.01$126.37k$11.76M
2049$74.30k$743.05$143.96k$13.14M
2050$76.68k$766.82$163.45k$14.69M
2051$79.14k$791.36$185.07k$16.43M
2052$81.67k$816.69$209.01k$18.38M
2053$84.28k$842.82$235.52k$20.56M