Two Paths.
One Smarter Decision.
Renting and buying both have financial trade-offs. Compare the numbers, explore your options, and make your next move with greater confidence.
Your Scenario
01 · Renting
Refundable deposits are returned at the end of the comparison, not counted as a cost.
02 · Buying
Illustrative rate — not a current mortgage rate quote.
Starting assumption only — not an estimate of a specific property’s tax assessment.
Auto: illustrative 0.50% of the original loan for conventional loans under 20% down. Conventional fixed-rate model only; this simplified calculation does not predict mortgage insurance cancellation.
Applied only to the hypothetical sale at the end of the comparison period.
03 · Future Assumptions
Applies to taxes, insurance, HOA, maintenance, and other recurring costs. Fixed-rate principal & interest stays constant. Tax benefits are not included.
Your Comparison
Over 5 Years
Renting is projected to be ahead by $18,524.
$18,524
Projected financial difference under your selected assumptions — not a guaranteed result.
Starting Monthly Housing Costs
- Renting
- $2,520 / mo
- Buying
- $3,194 / mo
Buying includes principal, interest, taxes, insurance, mortgage insurance, and HOA. Plus about $375/mo estimated maintenance ($3,569 all-in).
Financial Position at Year 5
- Renting · Investments + Deposit
- $129,773
- Buying · Net Sale + Investments
- $111,248
Break-Even
Buying does not reach break-even within the modeled period.
- Year
- 5
- Renting
- $129,773
- Buying
- $111,248
- Difference
- Rent +$18,524
- Renting
- Buying
See How the Numbers Change.
Each row changes one assumption by ±2 percentage points while keeping everything else at your inputs. These are illustrations, not forecasts.
| Assumption | Conservative | Base Case | Optimistic |
|---|---|---|---|
| Home appreciationLargest influence | Rent +$64,320 | Rent +$18,524 | Buy +$30,970 |
| Investment return | Rent +$28,096 | Rent +$18,524 | Rent +$9,560 |
| Rent increase | Rent +$25,231 | Rent +$18,524 | Rent +$11,555 |
| All three combined | Rent +$80,791 | Rent +$18,524 | Buy +$46,710 |
Conservative: appreciation −2, investment return +2, rent increase −2 (less favorable to buying). Optimistic: the reverse.
This calculator provides hypothetical estimates for educational purposes only. Results depend on assumptions about home prices, appreciation, investment returns, rent increases, mortgage terms, taxes, insurance, maintenance, and transaction costs. Actual results may differ materially. The calculator does not account for all individual financial or tax circumstances and does not constitute financial, investment, or tax advice. Mortgage rates shown are illustrative and are not current rate quotes or offers of credit. Contact BridgePoint Mortgage for a personalized financing analysis.
Home appreciation and investment returns are not guaranteed. Renting may be financially preferable under certain assumptions.
This is a simplified investment opportunity-cost model, not a complete personal balance sheet. Both households are assumed to start with the same cash (down payment plus closing costs), afford either option, and invest any monthly savings at the same return. Mortgage interest deductions and other tax benefits are excluded; tax consequences depend on individual circumstances and should be reviewed with a qualified tax professional.
The Numbers Tell a Story.
Let’s Build Your Strategy.
Whether you’re renting today or preparing to buy, the right financing strategy starts with understanding your options. Connect with a BridgePoint loan expert to explore what’s possible.