Rent or Buy: Home Decision

Should you buy a home or keep renting? Rent vs Buy answers it with your own numbers, not a rule of thumb. Enter the price, rate, rent and how long you plan to stay. The app builds a year-by-year net-worth comparison, including what your down payment could have earned if you had invested it instead, and tells you which path comes out ahead and when. KNOW THE ANSWER • A clear verdict: buy or rent, and by how much, at the end of your stay • Your breakeven year, the point where buying overtakes renting • Monthly cost today for buying versus renting • Results in nominal dollars or in today's dollars, adjusted for inflation SEE THE WHOLE PICTURE • Net-worth chart for buying versus renting and investing • Year-by-year schedule: home value, loan balance, equity, interest and principal • What-if tests: change the interest rate, home price or length of stay and watch the verdict update BUILT…