Finance

Rent vs. Buy Calculator

This rent vs buy calculator weighs the true cost of owning – interest, tax, upkeep, lost returns and equity – against renting, to find the break-even year.

get/api/calc/rent-vs-buy-calculator

Request

  • Base URL: https://calcbright.com
  • URL: https://calcbright.com/api/calc/rent-vs-buy-calculator
  • Auth: none declared

Query parameters

pricenumber

Home price

currency'USD' | 'EUR' | 'GBP' | 'JPY' | 'CAD' | 'AUD' | 'CHF' | 'CNY' | 'INR' | 'PKR' | 'AED' | 'SAR' | 'NZD' | 'SGD' | 'HKD' | 'SEK' | 'NOK' | 'DKK' | 'PLN' | 'TRY' | 'ZAR' | 'BRL' | 'MXN' | 'KRW' | 'THB' | 'MYR' | 'IDR' | 'PHP' | 'BDT' | 'EGP' | 'NGN' | 'KWD' | 'QAR' | 'BHD' | 'OMR' | 'RUB'

Currency

downPctnumber

Down payment (%)

ratenumber

Mortgage rate (%)

termnumber

Loan term (years)

yearsnumber

Years you plan to stay (years)

rentnumber

Monthly rent

rentIncreasenumber

Rent increase / year (%)

taxPctnumber

Property tax / year (%) % of home value

maintPctnumber

Maintenance / year (%) % of home value

insurancenumber

Home insurance / year

appreciationnumber

Home price growth / year (%)

investnumber

Investment return / year (%) What the down payment could earn if invested instead

buyCostPctnumber

Buying closing costs (%)

sellPctnumber

Selling costs (%) Agent fees, transfer tax, etc.

Response

Calculation result

okboolean
toolstring
namestring
urlstring

Open this link to see the full calculation

inputsobject
summarystring

Plain-text answer

detailsstring
resultobject
errorsobject

Changes

No recorded changes to this operation across all 1 revision of this API.