Monthly mortgage payment: $1,523.09
Buying
$220,833.15
Renting + investing
$196,077.20
Buying comes out ahead in this scenario.
Estimated net worth in 10 years
Simplified educational model (constant rates, owner costs 1%/yr, no taxes on gains). Change the assumptions — the answer changes. Not financial advice.
FAQ
Which is better?
It depends on prices, rates and how long you stay. The tool helps you compare.
Are taxes included?
No — taxes and fees vary by region. Add them as needed.