Rent vs Buy Calculator

Compare the true costs of renting versus buying in Port Aransas

How long do you plan to stay?

Home Price

Down Payment: 20%

Interest Rate: 7%

Expected Appreciation: 4%/year

Monthly Rent

Annual Rent Increase: 3%

Investment Return (if you invest the down payment): 7%

After 7 Years

Renting is Better

You save $147,341 by renting

Buying$6,222

Renting$3,500

If You Buy

Home Value$855,356

Equity Built$408,007

If You Rent

Total Rent Paid$321,823

Investment Value$208,752

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