Buy vs. Rent Calculator
Scenario Inputs
Buying Scenario
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AL avg: 0.41% · GA avg: 0.90%
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AL / GA historical avg: ~3–4%
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Commission + closing fees
Renting Scenario
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National avg: 3–5% per year
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S&P 500 historical real return: ~7%
Time Horizon
The single most important variable in this comparison
Why this matters:
Buying costs ~3–6% upfront in closing costs and fees. You need time to recoup that through appreciation and equity. If you move in 2 years, renting usually wins. Stay 7+ years, and buying almost always wins in AL and GA markets.
Over X Years — True Cost Comparison
Net Equity at Sale
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Total Rent Paid
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Investment Growth
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Total P&I Paid
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Home Value at Sale
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Monthly Buy Payment
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Buying — Total Cost Breakdown
Renting — Total Cost Breakdown
Important:
This calculator is for educational planning purposes only. Actual results will depend on market conditions, personal financial circumstances, property location, and timing. Speak with a licensed mortgage professional and financial advisor before making a home purchase decision.