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Compare the long-term cost of renting versus buying so you can decide with confidence based on how long you plan to stay.
Recommendation
Buying looks cheaper
Assumes 3% annual rent growth, 3% appreciation, and 1% maintenance.
Buying has high upfront costs, so the longer you stay, the more likely buying beats renting as those costs are spread out and equity builds.
Disclaimer: This calculator provides estimates for informational purposes only and is not financial, tax, or legal advice. Verify figures with a qualified professional before making decisions.