Inputs

Overview

Price-to-Rent Ratio Ratio of home price to annualized rent

37x

Cost Cost of Ownership vs Cost of Rent

Net Worth Home Equity vs Investment Portfolio

Buy or Rent Buying is better

+$4,223,650.98

Net Worth Toggle Table

Year	Buy (Home Equity)	Rent (Investment Portfolio)
2023	$266,985.38	$239,880.00
2024	$414,782.85	$306,245.68
2025	$575,347.28	$380,557.15
2026	$749,899.50	$463,824.64
2027	$939,780.91	$557,184.58
2028	$1,146,465.43	$661,914.90
2029	$1,371,572.74	$779,452.20
2030	$1,616,882.82	$911,410.96
2031	$1,884,351.89	$1,059,604.97
2032	$2,176,130.06	$1,226,071.36
2033	$2,494,580.57	$1,413,097.43
2034	$2,842,301.16	$1,623,250.63
2035	$3,222,147.37	$1,859,412.08
2036	$3,637,258.35	$2,124,814.03
2037	$4,091,085.10	$2,423,081.67
2038	$4,587,421.64	$2,758,279.87
2039	$5,130,439.24	$3,134,965.36
2040	$5,724,724.06	$3,558,245.00
2041	$6,375,318.65	$4,033,840.83
2042	$7,087,767.44	$4,568,162.68
2043	$7,868,166.91	$5,168,389.22
2044	$8,723,220.73	$5,842,558.41
2045	$9,660,300.41	$6,599,668.38
2046	$10,687,511.96	$7,449,790.05
2047	$11,813,769.37	$8,404,192.70
2048	$12,995,146.31	$9,419,640.98
2049	$14,294,660.94	$10,560,216.76
2050	$15,724,127.03	$11,841,075.50
2051	$17,296,539.74	$13,279,171.06
2052	$19,026,193.71	$14,893,465.33
2053	$20,928,813.08	$16,705,162.10

Buy Breakdown Toggle Table

Year	Mortgage Payment	Property Tax	Maintenance	Homeowner's Insurance	Home Equity	Home Value
2023	$53,057.52	$3,503.03	$11,994.00	$2,878.56	$266,985.38	$1,199,400.00
2024	$53,057.52	$3,853.33	$13,193.40	$3,166.42	$414,782.85	$1,319,340.00
2025	$53,057.52	$4,238.66	$14,512.74	$3,483.06	$575,347.28	$1,451,274.00
2026	$53,057.52	$4,662.53	$15,964.01	$3,831.36	$749,899.50	$1,596,401.40
2027	$53,057.52	$5,128.78	$17,560.42	$4,214.50	$939,780.91	$1,756,041.54
2028	$53,057.52	$5,641.66	$19,316.46	$4,635.95	$1,146,465.43	$1,931,645.69
2029	$53,057.52	$6,205.83	$21,248.10	$5,099.54	$1,371,572.74	$2,124,810.26
2030	$53,057.52	$6,826.41	$23,372.91	$5,609.50	$1,616,882.82	$2,337,291.29
2031	$53,057.52	$7,509.05	$25,710.20	$6,170.45	$1,884,351.89	$2,571,020.42
2032	$53,057.52	$8,259.96	$28,281.22	$6,787.49	$2,176,130.06	$2,828,122.46
2033	$53,057.52	$9,085.95	$31,109.35	$7,466.24	$2,494,580.57	$3,110,934.71
2034	$53,057.52	$9,994.55	$34,220.28	$8,212.87	$2,842,301.16	$3,422,028.18
2035	$53,057.52	$10,994.00	$37,642.31	$9,034.15	$3,222,147.37	$3,764,231.00
2036	$53,057.52	$12,093.40	$41,406.54	$9,937.57	$3,637,258.35	$4,140,654.09
2037	$53,057.52	$13,302.74	$45,547.20	$10,931.33	$4,091,085.10	$4,554,719.50
2038	$53,057.52	$14,633.02	$50,101.91	$12,024.46	$4,587,421.64	$5,010,191.45
2039	$53,057.52	$16,096.32	$55,112.11	$13,226.91	$5,130,439.24	$5,511,210.60
2040	$53,057.52	$17,705.95	$60,623.32	$14,549.60	$5,724,724.06	$6,062,331.66
2041	$53,057.52	$19,476.54	$66,685.65	$16,004.56	$6,375,318.65	$6,668,564.83
2042	$53,057.52	$21,424.20	$73,354.21	$17,605.01	$7,087,767.44	$7,335,421.31
2043	$53,057.52	$23,566.62	$80,689.63	$19,365.51	$7,868,166.91	$8,068,963.44
2044	$53,057.52	$25,923.28	$88,758.60	$21,302.06	$8,723,220.73	$8,875,859.78
2045	$53,057.52	$28,515.61	$97,634.46	$23,432.27	$9,660,300.41	$9,763,445.76
2046	$53,057.52	$31,367.17	$107,397.90	$25,775.50	$10,687,511.96	$10,739,790.34
2047	$53,057.52	$34,503.89	$118,137.69	$28,353.05	$11,813,769.37	$11,813,769.37
2048	$0.00	$37,954.27	$129,951.46	$31,188.35	$12,995,146.31	$12,995,146.31
2049	$0.00	$41,749.70	$142,946.61	$34,307.19	$14,294,660.94	$14,294,660.94
2050	$0.00	$45,924.67	$157,241.27	$37,737.90	$15,724,127.03	$15,724,127.03
2051	$0.00	$50,517.14	$172,965.40	$41,511.70	$17,296,539.74	$17,296,539.74
2052	$0.00	$55,568.85	$190,261.94	$45,662.86	$19,026,193.71	$19,026,193.71
2053	$0.00	$61,125.74	$209,288.13	$50,229.15	$20,928,813.08	$20,928,813.08

Rent Breakdown Toggle Table

Year	Rent	Renter's Insurance	Surplus	Investment Portfolio
2023	$32,760.00	$327.60	$38,345.50	$239,880.00
2024	$33,808.32	$338.08	$39,124.26	$306,245.68
2025	$34,890.19	$348.90	$40,052.89	$380,557.15
2026	$36,006.67	$360.07	$41,148.68	$463,824.64
2027	$37,158.89	$371.59	$42,430.74	$557,184.58
2028	$38,347.97	$383.48	$43,920.13	$661,914.90
2029	$39,575.11	$395.75	$45,640.13	$779,452.20
2030	$40,841.51	$408.42	$47,616.41	$911,410.96
2031	$42,148.44	$421.48	$49,877.30	$1,059,604.97
2032	$43,497.19	$434.97	$52,454.03	$1,226,071.36
2033	$44,889.10	$448.89	$55,381.07	$1,413,097.43
2034	$46,325.55	$463.26	$58,696.41	$1,623,250.63
2035	$47,807.97	$478.08	$62,441.94	$1,859,412.08
2036	$49,337.82	$493.38	$66,663.83	$2,124,814.03
2037	$50,916.63	$509.17	$71,412.98	$2,423,081.67
2038	$52,545.96	$525.46	$76,745.48	$2,758,279.87
2039	$54,227.43	$542.27	$82,723.14	$3,134,965.36
2040	$55,962.71	$559.63	$89,414.04	$3,558,245.00
2041	$57,753.52	$577.54	$96,893.21	$4,033,840.83
2042	$59,601.63	$596.02	$105,243.29	$4,568,162.68
2043	$61,508.88	$615.09	$114,555.31	$5,168,389.22
2044	$63,477.17	$634.77	$124,929.52	$5,842,558.41
2045	$65,508.44	$655.08	$136,476.33	$6,599,668.38
2046	$67,604.71	$676.05	$149,317.33	$7,449,790.05
2047	$69,768.06	$697.68	$163,586.40	$8,404,192.70
2048	$72,000.63	$720.01	$126,373.45	$9,419,640.98
2049	$74,304.66	$743.05	$143,955.80	$10,560,216.76
2050	$76,682.40	$766.82	$163,454.62	$11,841,075.50
2051	$79,136.24	$791.36	$185,066.63	$13,279,171.06
2052	$81,668.60	$816.69	$209,008.37	$14,893,465.33
2053	$84,282.00	$842.82	$235,518.20	$16,705,162.10