Triad Home Buying Tools

Rent vs. Buy Calculator

Renting isn’t throwing money away — and buying isn’t always cheaper. See the year buying actually pulls ahead for your situation.

+3%/yr assumed
$
Triad median ≈ $305k
$
%
%
Down payment · interest rate (30-yr loan)
7 years
Appreciation, costs & assumptions
/yr
%
/yr
%
/yr
%
/yr of value
%
upfront %
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% at sale
%
return/yr
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The verdict
Buying wins after 6 years
Over 7 years, buying saves you about $18,000
Cost of renting Net cost of buying
6 yrsBreak-even
$154kTotal rent
$142kNet cost to own

Thinking your stay might be long enough to buy? A local Mantle agent can pressure-test the numbers for your neighborhood.

Talk Through My Numbers → Or read the Buyer’s Guide →

This model compares the cumulative cost of renting against the net cost of owning (payments, taxes, upkeep, and buying/selling costs, minus the equity and appreciation you’d recover if you sold in that year, and the return your down payment could have earned if invested). It uses simplifying assumptions and is for education only — not financial, tax, or investment advice. Real outcomes vary with rates, markets, and your situation.