{"id":10197,"date":"2025-05-23T17:02:40","date_gmt":"2025-05-23T17:02:40","guid":{"rendered":"https:\/\/griffinfunding.com\/?p=10197"},"modified":"2026-05-29T20:04:23","modified_gmt":"2026-05-29T20:04:23","slug":"rent-vs-buy-calculator","status":"publish","type":"post","link":"https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/","title":{"rendered":"Rent vs Buy Calculator"},"content":{"rendered":"<h2>Rent vs Buy Calculator<\/h2>\n\n\n\t<div id=\"rvb-calculator\" class=\"rvb-calculator\">\n\n\t\t<!-- Header -->\n    \t<div class=\"rvb-header\">\n      \t\t<span class=\"rvb-header-title\">Rent vs Buy Calculator<\/span>\n    \t<\/div>\n\n\t\t<!-- Main Content -->\n    \t<div class=\"rvb-content\">\n\n\t\t\t<!-- Inputs -->\n\t\t\t<div class=\"rvb-container rvb-form\">\n\t\t\t\t\n\t\t\t\t<div class=\"rvb-sections-wrap\">\n\t\t\t\t\t\n\t\t\t\t\t<!-- Renting -->\n        \t\t\t<div class=\"rvb-form-section\">\n          \t\t\t\t<div class=\"rvb-section-title\">Renting<\/div>\t\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"rvb-input-group\">\n\t\t\t\t\t\t\t<label for=\"rvb-monthly-rent\">Monthly rent<\/label>\n\t\t\t\t\t\t\t<div class=\"rvb-input-wrap\">\n\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-monthly-rent\" id=\"rvb-monthly-rent\" min=\"1\" max=\"1000000000\" placeholder=\" \">\n\t\t\t\t\t\t\t\t<span>$<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"rvb-input-group\">\n\t\t\t\t\t\t\t<label for=\"rvb-deposit-month\">Security deposit<\/label>\n\t\t\t\t\t\t\t<div class=\"rvb-input-wrap rvb-right-placeholder\">\n\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-deposit-month\" id=\"rvb-deposit-month\" min=\"0\" max=\"99\" placeholder=\" \">\n\t\t\t\t\t\t\t\t<span>month's rent<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"rvb-input-toggle-section\">\n\t\t\t\t\t\t\t<div class=\"rvb-toggle-action-wrap\">\n\t\t\t\t\t\t\t\t<a class=\"rvb-toggle-action\">\n    \t\t\t\t\t\t\t\t<div class=\"rvb-action-title rvb-action-title--show\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"rvb-action-title-content-wrap\">\n        \t\t\t\t\t\t\t\t\tShow Options        \t\t\t\t\t\t\t\t\t<svg width=\"20\" height=\"20\" viewBox=\"0 0 16 16\" aria-hidden=\"true\" fill=\"currentColor\" focusable=\"false\">\n            \t\t\t\t\t\t\t\t\t<path d=\"M3 6l5 5 5-5\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path>\n\t        \t\t\t\t\t\t\t\t<\/svg>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n    \t\t\t\t\t\t\t\t<\/div>\n    \t\t\t\t\t\t\t\t<div class=\"rvb-action-title rvb-action-title--hide\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"rvb-action-title-content-wrap\">\n    \t    \t\t\t\t\t\t\t\tHide Options        \t\t\t\t\t\t\t\t\t<svg width=\"20\" height=\"20\" viewBox=\"0 0 16 16\" aria-hidden=\"true\" fill=\"currentColor\" focusable=\"false\">\n\t        \t    \t\t\t\t\t\t\t<path d=\"M3 10l5-5 5 5\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path>\n\t\t        \t\t\t\t\t\t\t<\/svg>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n    \t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"rvb-input-toggle-content\">\n\t\t\t\t\t\t\t\t<div class=\"rvb-input-group\">\n\t\t\t\t\t\t\t\t\t<label for=\"rvb-monthly-rent-insurance\">Monthly renter\u2019s insurance<\/label>\n\t\t\t\t\t\t\t\t\t<div class=\"rvb-input-wrap\">\n\t\t\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-monthly-rent-insurance\" id=\"rvb-monthly-rent-insurance\" min=\"0\" max=\"1000000000\" placeholder=\" \">\n\t\t\t\t\t\t\t\t\t\t<span>$<\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rvb-input-group\">\n\t\t\t\t\t\t\t\t\t<label for=\"rvb-annual-rent-increase\">Annual rent increase<\/label>\n\t\t\t\t\t\t\t\t\t<div class=\"rvb-input-wrap rvb-right-placeholder\">\n\t\t\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-annual-rent-increase\" id=\"rvb-annual-rent-increase\" min=\"0\" max=\"99\" placeholder=\" \">\n\t\t\t\t\t\t\t\t\t\t<span>%<\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n        \t\t\t<\/div>\n\n\t\t\t\t\t<!-- Buying -->\n\t\t\t\t\t<div class=\"rvb-form-section\">\n\t\t\t\t\t\t<div class=\"rvb-section-title\">Buying<\/div>\n\t\t\t\t\t\t<div class=\"rvb-input-group\">\n\t\t\t\t\t\t\t<label for=\"rvb-purchase-price\">Purchase price<\/label>\n\t\t\t\t\t\t\t<div class=\"rvb-input-wrap\">\n\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-purchase-price\" id=\"rvb-purchase-price\" min=\"1\" max=\"1000000000\" placeholder=\" \">\n\t\t\t\t\t\t\t\t<span>$<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"rvb-input-group rvb-input-group--multi\">\n\t\t\t\t\t\t\t<label for=\"rvb-down-payment\">Down payment<\/label>\n\t\t\t\t\t\t\t<div class=\"rvb-multi-input-wrap\">\n\t\t\t\t\t\t\t\t<div class=\"rvb-input-wrap\">\n\t\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-down-payment\" id=\"rvb-down-payment\" min=\"0\" max=\"1000000000\" placeholder=\" \">\n\t\t\t\t\t\t\t\t\t<span>$<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rvb-input-wrap rvb-right-placeholder\">\n\t\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-down-payment-prc\" id=\"rvb-down-payment-prc\" min=\"0\" max=\"99\" placeholder=\" \">\n\t\t\t\t\t\t\t\t\t<span>%<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"rvb-input-group\">\n\t\t\t\t\t\t\t<label for=\"rvb-interest-rate\">Interest rate<\/label>\n\t\t\t\t\t\t\t<div class=\"rvb-input-wrap rvb-right-placeholder\">\n\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-interest-rate\" id=\"rvb-interest-rate\" min=\"0\" max=\"99\" placeholder=\" \">\n\t\t\t\t\t\t\t\t<span>%<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"rvb-input-group\">\n\t\t\t\t\t\t\t<label for=\"rvb-loan-term\">Loan term<\/label>\n\t\t\t\t\t\t\t<div class=\"rvb-input-wrap rvb-select-wrap\">\n\t\t\t\t\t\t\t\t<select name=\"rvb-loan-term\" id=\"rvb-loan-term\">\n\t\t\t\t\t\t\t\t\t<option value=\"30\">30 years<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"15\">15 years<\/option>\n\t\t\t\t\t\t\t\t<\/select>\n\t\t\t\t\t\t\t\t<svg class=\"custom-arrow\" width=\"20\" height=\"20\" viewBox=\"0 0 16 16\" aria-hidden=\"true\" fill=\"currentColor\" focusable=\"false\">\n            \t\t\t\t\t\t<path d=\"M3 6l5 5 5-5\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path>\n        \t\t\t\t\t\t<\/svg>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"rvb-input-toggle-section\">\n\t\t\t\t\t\t\t<div class=\"rvb-toggle-action-wrap\">\n\t\t\t\t\t\t\t\t<a class=\"rvb-toggle-action\">\n    \t\t\t\t\t\t\t\t<div class=\"rvb-action-title rvb-action-title--show\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"rvb-action-title-content-wrap\">\n        \t\t\t\t\t\t\t\t\tShow Options        \t\t\t\t\t\t\t\t\t<svg width=\"20\" height=\"20\" viewBox=\"0 0 16 16\" aria-hidden=\"true\" fill=\"currentColor\" focusable=\"false\">\n            \t\t\t\t\t\t\t\t\t<path d=\"M3 6l5 5 5-5\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path>\n\t        \t\t\t\t\t\t\t\t<\/svg>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n    \t\t\t\t\t\t\t\t<\/div>\n    \t\t\t\t\t\t\t\t<div class=\"rvb-action-title rvb-action-title--hide\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"rvb-action-title-content-wrap\">\n    \t    \t\t\t\t\t\t\t\tHide Options        \t\t\t\t\t\t\t\t\t<svg width=\"20\" height=\"20\" viewBox=\"0 0 16 16\" aria-hidden=\"true\" fill=\"currentColor\" focusable=\"false\">\n\t        \t    \t\t\t\t\t\t\t<path d=\"M3 10l5-5 5 5\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path>\n\t\t        \t\t\t\t\t\t\t<\/svg>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n    \t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"rvb-input-toggle-content\">\n\t\t\t\t\t\t\t\t<div class=\"rvb-input-group\">\n\t\t\t\t\t\t\t\t\t<label for=\"rvb-closing-costs\">Closing costs<\/label>\n\t\t\t\t\t\t\t\t\t<div class=\"rvb-input-wrap rvb-right-placeholder\">\n\t\t\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-closing-costs\" id=\"rvb-closing-costs\" min=\"0\" max=\"99\" placeholder=\" \">\n\t\t\t\t\t\t\t\t\t\t<span>%<\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rvb-input-group\">\n\t\t\t\t\t\t\t\t\t<label for=\"rvb-property-tax-rate\">Property tax rate<\/label>\n\t\t\t\t\t\t\t\t\t<div class=\"rvb-input-wrap rvb-right-placeholder\">\n\t\t\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-property-tax-rate\" id=\"rvb-property-tax-rate\" min=\"0\" max=\"99\" placeholder=\" \">\n\t\t\t\t\t\t\t\t\t\t<span>%<\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rvb-input-group rvb-input-group--multi\">\n\t\t\t\t\t\t\t\t\t<label for=\"rvb-homeowners-insurance\">Annual homeowners insurance<\/label>\n\t\t\t\t\t\t\t\t\t<div class=\"rvb-multi-input-wrap\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"rvb-input-wrap\">\n\t\t\t\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-homeowners-insurance\" id=\"rvb-homeowners-insurance\" min=\"0\" max=\"1000000000\" placeholder=\" \">\n\t\t\t\t\t\t\t\t\t\t\t<span>$<\/span>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"rvb-input-wrap rvb-right-placeholder\">\n\t\t\t\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-homeowners-insurance-prc\" id=\"rvb-homeowners-insurance-prc\" min=\"0\" max=\"99\" placeholder=\" \">\n\t\t\t\t\t\t\t\t\t\t\t<span>%<\/span>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rvb-input-group\">\n\t\t\t\t\t\t\t\t\t<label for=\"rvb-hoa-fees\">HOA fees (monthly)<\/label>\n\t\t\t\t\t\t\t\t\t<div class=\"rvb-input-wrap\">\n\t\t\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-hoa-fees\" id=\"rvb-hoa-fees\" min=\"0\" max=\"1000000000\" placeholder=\" \">\n\t\t\t\t\t\t\t\t\t\t<span>$<\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rvb-input-group\">\n\t\t\t\t\t\t\t\t\t<label for=\"rvb-mortgage-insurance\">Mortgage insurance<\/label>\n\t\t\t\t\t\t\t\t\t<div class=\"rvb-input-wrap rvb-right-placeholder\">\n\t\t\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-mortgage-insurance\" id=\"rvb-mortgage-insurance\" min=\"0\" max=\"99\" placeholder=\" \">\n\t\t\t\t\t\t\t\t\t\t<span>%<\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rvb-input-group\">\n\t\t\t\t\t\t\t\t\t<label for=\"rvb-utility-costs\">Monthly utility costs<\/label>\n\t\t\t\t\t\t\t\t\t<div class=\"rvb-input-wrap\">\n\t\t\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-utility-costs\" id=\"rvb-utility-costs\" min=\"0\" max=\"1000000000\" placeholder=\" \">\n\t\t\t\t\t\t\t\t\t\t<span>$<\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rvb-input-group rvb-input-group--multi\">\n\t\t\t\t\t\t\t\t\t<label for=\"rvb-maintenance-costs\">Annual maintenance costs<\/label>\n\t\t\t\t\t\t\t\t\t<div class=\"rvb-multi-input-wrap\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"rvb-input-wrap\">\n\t\t\t\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-maintenance-costs\" id=\"rvb-maintenance-costs\" min=\"0\" max=\"1000000000\" placeholder=\" \">\n\t\t\t\t\t\t\t\t\t\t\t<span>$<\/span>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<div class=\"rvb-input-wrap rvb-right-placeholder\">\n\t\t\t\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-maintenance-costs-prc\" id=\"rvb-maintenance-costs-prc\" min=\"0\" max=\"99\" placeholder=\" \">\n\t\t\t\t\t\t\t\t\t\t\t<span>%<\/span>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rvb-input-group\">\n\t\t\t\t\t\t\t\t\t<label for=\"rvb-selling-costs\">Selling costs<\/label>\n\t\t\t\t\t\t\t\t\t<div class=\"rvb-input-wrap rvb-right-placeholder\">\n\t\t\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-selling-costs\" id=\"rvb-selling-costs\" min=\"0\" max=\"99\" placeholder=\" \">\n\t\t\t\t\t\t\t\t\t\t<span>%<\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"rvb-input-group\">\n\t\t\t\t\t\t\t\t\t<label for=\"rvb-home-appreciation-rate\">Home appreciation rate<\/label>\n\t\t\t\t\t\t\t\t\t<div class=\"rvb-input-wrap rvb-right-placeholder\">\n\t\t\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-home-appreciation-rate\" id=\"rvb-home-appreciation-rate\" min=\"0\" max=\"99\" placeholder=\" \">\n\t\t\t\t\t\t\t\t\t\t<span>%<\/span>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<!-- Personal Information -->\n\t\t\t\t\t<div class=\"rvb-form-section\">\n\t\t\t\t\t\t<div class=\"rvb-section-title\">Personal Information<\/div>\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"rvb-input-group\">\n\t\t\t\t\t\t\t<label for=\"rvb-tax-filing-status\">Tax filing status<\/label>\n\t\t\t\t\t\t\t<div class=\"rvb-input-wrap rvb-select-wrap\">\n\t\t\t\t\t\t\t\t<select name=\"rvb-tax-filing-status\" id=\"rvb-tax-filing-status\">\n\t\t\t\t\t\t\t\t\t<option value=\"single\">Individual<\/option>\n\t\t\t\t\t\t\t\t\t<option value=\"marriedjoint\">Joint<\/option>\n\t\t\t\t\t\t\t\t<\/select>\n\t\t\t\t\t\t\t\t<svg class=\"custom-arrow\" width=\"20\" height=\"20\" viewBox=\"0 0 16 16\" aria-hidden=\"true\" fill=\"currentColor\" focusable=\"false\">\n            \t\t\t\t\t\t<path d=\"M3 6l5 5 5-5\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><\/path>\n        \t\t\t\t\t\t<\/svg>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"rvb-input-group\">\n\t\t\t\t\t\t\t<label for=\"rvb-annual-return-rate\">Average investment return rate<\/label>\n\t\t\t\t\t\t\t<div class=\"rvb-input-wrap rvb-right-placeholder\">\n\t\t\t\t\t\t\t\t<input type=\"tel\" name=\"rvb-annual-return-rate\" id=\"rvb-annual-return-rate\" min=\"0.01\" max=\"99\" placeholder=\" \">\n\t\t\t\t\t\t\t\t<span>%<\/span>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n        \t\t\t<\/div>\n\n\t\t\t\t<\/div>\n      \t\t<\/div>\n\n\t\t\t<!-- Results -->\n      \t\t<div class=\"rvb-container rvb-results\">\n\t\t\t\t<div class=\"rvb-sections-wrap\">\n\n\t\t\t\t\t<div class=\"rvb-result-section rvb-result-chart\">\n\t\t\t\t\t\t<div class=\"rvb-section-title\">Results<\/div>\t\t\t\t\t\n\t\t\t\t\t\t<div class=\"rvb-section-header\">\n\t\t\t\t\t\t\t<h3 id=\"rvb-chart-info-after-years\" class=\"rvb-header-title\">...<\/h3>\n\t\t\t\t\t\t\t<h4 id=\"rvb-chart-info-year-result\" class=\"rvb-header-title\">...<\/h4>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"rvb-chart-wrap\">\n\t\t\t\t\t\t\t<canvas id=\"rvb-chart\"><\/canvas>\n\t\t\t\t\t\t\t<div class=\"rvb-chart-legend-wrap\">\n\t\t\t\t\t\t\t\t<div class=\"rvb-chart-legend\">\n  \t\t\t\t\t\t\t\t\t<div class=\"rvb-legend__item\">\n\t    \t\t\t\t\t\t\t\t<span class=\"rvb-legend__line rvb-legend__line--dashed\"><\/span> Break even\n  \t\t\t\t\t\t\t\t\t<\/div>\n  \t\t\t\t\t\t\t\t\t<div class=\"rvb-legend__item\">\n    \t\t\t\t\t\t\t\t\t<span class=\"rvb-legend__box rvb-legend__box--blue\"><\/span> Rent\n  \t\t\t\t\t\t\t\t\t<\/div>\n  \t\t\t\t\t\t\t\t\t<div class=\"rvb-legend__item\">\n    \t\t\t\t\t\t\t\t\t<span class=\"rvb-legend__box rvb-legend__box--green\"><\/span> Buy\n  \t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div class=\"rvb-result-section rvb-result-table\">\n\t\t\t\t\t\t<div class=\"rvb-section-header\">\n\t\t\t\t\t\t\t<h3 id=\"rvb-table-info-after-years\" class=\"rvb-header-title\">...<\/h3>\n\t\t\t\t\t\t\t<h4 id=\"rvb-table-info-year-result\" class=\"rvb-header-title\">...<\/h4>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"rvb-table-wrap\">\n\t\t\t\t\t\t\t<table>\n\t\t\t\t\t\t\t\t<thead>\n\t\t\t\t\t\t\t\t\t<tr>\n\t\t\t\t\t\t\t\t\t\t<th><\/th>\n\t\t\t\t\t\t\t\t\t\t<th>Rent<\/th>\n\t\t\t\t\t\t\t\t\t\t<th>Buy<\/th>\n\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t<\/thead>\n\t\t\t\t\t\t\t\t<tbody>\n\t\t\t\t\t\t\t\t\t<tr>\n\t\t\t\t\t\t\t\t\t\t<td>Initial costs<\/td>\n\t\t\t\t\t\t\t\t\t\t<td id=\"rvb-rent__initial-costs\">$X,XXX<\/td>\n\t\t\t\t\t\t\t\t\t\t<td id=\"rvb-buy__initial-costs\">$X,XXX<\/td>\n\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t<tr>\n\t\t\t\t\t\t\t\t\t\t<td>Recurring costs<\/td>\n\t\t\t\t\t\t\t\t\t\t<td id=\"rvb-rent__recurring-costs\">$X,XXX<\/td>\n\t\t\t\t\t\t\t\t\t\t<td id=\"rvb-buy__recurring-costs\">$X,XXX<\/td>\n\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t<tr>\n\t\t\t\t\t\t\t\t\t\t<td>Opportunity costs<\/td>\n\t\t\t\t\t\t\t\t\t\t<td id=\"rvb-rent__opportunity-costs\">$X,XXX<\/td>\n\t\t\t\t\t\t\t\t\t\t<td id=\"rvb-buy__opportunity-costs\">$X,XXX<\/td>\n\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t\t<tr>\n\t\t\t\t\t\t\t\t\t\t<td>Net proceeds<\/td>\n\t\t\t\t\t\t\t\t\t\t<td id=\"rvb-rent__net-proceeds\">$X,XXX<\/td>\n\t\t\t\t\t\t\t\t\t\t<td id=\"rvb-buy__net-proceeds\">$X,XXX<\/td>\n\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t<\/tbody>\n\t\t\t\t\t\t\t\t<tfoot>\n\t\t\t\t\t\t\t\t\t<tr>\n\t\t\t\t\t\t\t\t\t\t<td>Total<\/td>\n\t\t\t\t\t\t\t\t\t\t<td id=\"rvb-rent__total\">$X,XXX<\/td>\n\t\t\t\t\t\t\t\t\t\t<td id=\"rvb-buy__total\">$X,XXX<\/td>\n\t\t\t\t\t\t\t\t\t<\/tr>\n\t\t\t\t\t\t\t\t<\/tfoot>\n\t\t\t\t\t\t\t<\/table>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n      \t\t<\/div>\n\n    \t<\/div>\n\n\t<\/div>  \n<h2>How the Rent vs Buy Calculator Works<\/h2>\n<p>The rent vs buy calculator can be used to get a clearer picture of whether renting or buying makes the most financial sense. It can be a challenge to understand the true cost of renting a home vs buying one, but the rent vs buy calculator makes it simple. In order to use the calculator, follow these steps:<\/p>\n<h3>Step 1: Input your rental information<\/h3>\n<p>Begin by entering information about your prospective rental. We\u2019ll need to know the monthly rent and security deposit for your property. You can also use the advanced menu to add the monthly cost of your renter\u2019s insurance and how much you expect rent to increase each year.<\/p>\n<p>If you don\u2019t yet have a rental, you can use your max budget as the estimated cost of your rental. A bit of research can also help you understand how much rents typically increase year-to-year in your area.<\/p>\n<h3>Step 2: Input your purchase information<\/h3>\n<p>Next, it\u2019s time to input information about the property you\u2019re thinking about buying. To calculate the cost of owning, add the basic information about the property and your mortgage, including the purchase price of the property, your down payment, the interest rate on your loan, and your loan term.<\/p>\n<p>If you don\u2019t yet have a mortgage, it\u2019s fine to estimate here. It may be useful to try a few different mortgage scenarios to see which may have the most beneficial outcome. The rent versus buy calculator isn\u2019t a commitment; it\u2019s simply an exercise to help you better understand financial outcomes.<\/p>\n<p>Then, you can use the advanced menu to add additional information including:<\/p>\n<ul>\n<li>Closing costs<\/li>\n<li>Property tax rate<\/li>\n<li>Annual homeowners insurance<\/li>\n<li>Monthly HOA fees<\/li>\n<li>Mortgage insurance<\/li>\n<li>Monthly utility costs<\/li>\n<li>Estimated annual maintenance costs<\/li>\n<li>Estimated home appreciation rate<\/li>\n<\/ul>\n<p>The more of this information you\u2019re able to include, the more accurate the results of your calculation will be.<\/p>\n<h3>Step 3: Input your personal information<\/h3>\n<p>Finally, tell us a bit of information about yourself, including your tax filing status and average investment return rate, the amount you earn each year from investments, interest, and more. This can help us better understand the estimated tax cuts you may have if you purchase the home and give us a clearer picture of the cost and benefit of each scenario.<\/p>\n<h3>Step 4: Calculate<\/h3>\n<p>When you\u2019ve entered all relevant information, press calculate to get your results. Within a few moments, you\u2019ll have a clearer picture of whether it makes more sense to rent or buy.<\/p>\n<h2>Why Use the Rent vs Buy Calculator?<\/h2>\n<p>When you use the rent or buy calculator, you\u2019ll end up with an easy-to-understand picture of the true costs of renting or buying a home. We won\u2019t simply tell you \u201cbuy\u201d or \u201crent.\u201d Instead, we\u2019ll provide in-depth information about the difference between the two.<\/p>\n<p>First, you\u2019ll be able to see the length of time you\u2019d need to live in a home in order for renting or buying to make sense. For instance, your calculation could say that, if you live in this home for 5 years, renting is the cheaper option, but if you live there for 20 years, buying is the cheaper option. This helps you understand the change in value over time and can be a great tool for future planning.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10198\" src=\"https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/05\/image1-1.jpg\" alt=\"A young white couple tours the kitchen of a bright and clean home with their real estate agent.\u00a0\" width=\"1000\" height=\"683\" srcset=\"https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/05\/image1-1.jpg 1000w, https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/05\/image1-1-300x205.jpg 300w, https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/05\/image1-1-768x525.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p>Next, we\u2019ll give you an interactive graph that shows how much you\u2019ll spend each month if renting vs buying, as well as the point at which the two costs break even. You can use this information to determine whether purchasing or renting makes sense. If you expect to move before the breakeven point, it may not make sense to purchase.<\/p>\n<p>Lastly, the rent or buy calculator will show you the cost breakdown of renting vs buying. This table includes the upfront costs of each scenario, the ongoing costs of each scenario, opportunity cost, and finally the potential profit of your choice. If you rent, the potential profit is only the cost of your security deposit. If you buy, it includes the potential proceeds from selling your home.<\/p>\n<h2>Key Factors to Consider Between Renting and Buying<\/h2>\n<p>Deciding between renting and buying a home is a big choice. To help make your decision, we recommend considering the following factors:<\/p>\n<ul>\n<li><strong>Cost:<\/strong>\u00a0Is\u00a0<a href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/why-should-i-buy-a-house\/\">buying a home<\/a>\u00a0financially feasible for you? The total cost of a home isn\u2019t just the cost of your mortgage. It includes the down payment, property taxes, homeowners insurance, and more. Plus, you\u2019ll need to have money for incidentals like repairs and more.<\/li>\n<li><strong>Housing market:\u00a0<\/strong>How is the housing market generally and where you intend to live? Research home prices in your area. Keep in mind that, regardless of the market, homes in the United States historically tend to appreciate in value, which is reinforced by the fact that\u00a0<a href=\"https:\/\/www.fhfa.gov\/news\/news-release\/u.s.-house-prices-rise-4.5-percent-over-the-prior-year-up-1.4-percent-from-the-third-quarter-of-2024\">house prices rose 4.5% from 2023 to 2024<\/a>. It\u2019s also a good idea to look at federal interest rates and other factors that can affect your\u00a0<a href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/average-home-appreciation-per-year\/\">home\u2019s appreciation<\/a>\u00a0and your mortgage rates.<\/li>\n<li><strong>Longevity:\u00a0<\/strong>Do you plan on moving somewhere new in the next few years? If so, it may be a better idea to rent for the time being. Buying a home tends to pay off in the long run rather than the short-term, so think about whether you\u2019re ready to settle down in one place.<\/li>\n<\/ul>\n<ul>\n<li><strong>Maintenance:\u00a0<\/strong>Are you prepared for the responsibility of maintaining your own home? In most cases, owning a home means you\u2019re responsible for the upkeep, repairs, and maintenance. However, the flip side of this is that you\u2019re free to upgrade and renovate the home as you please.<\/li>\n<\/ul>\n<h2>See If Buying a Home Is Right for You<\/h2>\n<p>When you\u2019re ready to purchase a home, it\u2019s important to find the right mortgage lender. At Griffin Funding, we\u2019re committed to serving our clients with mortgage solutions that work for them. Enjoy unmatched value, favorable terms and rates, flexible underwriting, and more.<\/p>\n<p>Interested in other tools that help you explore your mortgage options? Explore additional calculators:<\/p>\n<ul>\n<li><a href=\"https:\/\/griffinfunding.com\/blog\/dscr-loans\/dscr-calculator\/\"><strong>DSCR Calculator<\/strong><\/a>: Ready to purchase an investment property? The DSCR calculator estimates your debt service coverage ratio to help determine if you qualify for a DSCR loan.<\/li>\n<li><a href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/2-1-buydown-calculator\/\"><strong>2\/1 Buydown calculator<\/strong><\/a>: A 2\/1 buydown can help you save on interest during the first few years of your mortgage. Use this calculator to discover how much you can save.<\/li>\n<li><a href=\"https:\/\/griffinfunding.com\/blog\/bank-statement-loans\/bank-statement-loan-calculator\/\"><strong>Bank Statement Loan Calculator<\/strong><\/a>: See if a bank statement loan might be the right mortgage option for you.<\/li>\n<li><a href=\"https:\/\/griffinfunding.com\/blog\/va-loans\/va-loan-calculator\/\"><strong>VA Loan Calculator<\/strong><\/a>: If you\u2019re a veteran or service member, use our VA loan calculator to see how your benefits can help you afford a home.<\/li>\n<li><a href=\"https:\/\/griffinfunding.com\/blog\/va-loans\/va-loan-affordability-calculator\/\"><strong>VA Loan Affordability Calculator<\/strong><\/a>: Estimate how much home you can afford when using a VA loan.<\/li>\n<li><a href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/blended-rate-calculator\/\"><strong>Blended Rate Calculator<\/strong><\/a>: Combine rates from multiple loans into a single interest rate so that you can get a better perspective on how much you\u2019re paying in interest.<\/li>\n<li><a href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/debt-consolidation-calculator\/\"><strong>Debt Consolidation Calculator<\/strong><\/a>: Use this calculator to see whether a debt consolidation loan may be able to help you save.<\/li>\n<li><strong>Mortgage Payoff Calculator<\/strong>: Get a better idea of how making extra payments on your mortgage will impact your loan term and the amount you pay in interest.<\/li>\n<li><strong>Biweekly Mortgage Calculator<\/strong>: See what biweekly mortgage payment would look like for you and see if this repayment strategy aligns with your goals.<\/li>\n<\/ul>\n<p>Ready to explore your mortgage options? Reach out to Griffin Funding today to get personalized assistance from one of our mortgage specialists, who can help you find a home financing solution that works for your budget.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rent vs Buy Calculator How the Rent vs Buy Calculator Works The rent vs buy calculator can be used to get a clearer picture of whether renting or buying makes the most financial sense. It can be a challenge to understand the true cost of renting a home vs buying one, but the rent vs<a class=\"moretag\" href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/\">&#8230;<\/a><\/p>\n","protected":false},"author":2,"featured_media":10199,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[100],"tags":[],"class_list":["post-10197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Rent vs Buy Calculator | Griffin Funding<\/title>\n<meta name=\"description\" content=\"Not sure whether it\u2019s better to rent or buy? Use our rent vs buy calculator to compare costs and see which option makes sense for you.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rent vs Buy Calculator\" \/>\n<meta property=\"og:description\" content=\"Not sure whether it\u2019s better to rent or buy? Use our rent vs buy calculator to compare costs and see which option makes sense for you.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/\" \/>\n<meta property=\"og:site_name\" content=\"Griffin Funding\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/griffinfunding\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/griffinfunding\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-23T17:02:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-29T20:04:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/05\/image3-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1999\" \/>\n\t<meta property=\"og:image:height\" content=\"1343\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Bill Lyons\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/x.com\/griffinfunding\" \/>\n<meta name=\"twitter:site\" content=\"@griffinfunding\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bill Lyons\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/rent-vs-buy-calculator\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/rent-vs-buy-calculator\\\/\"},\"author\":{\"name\":\"Bill Lyons\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#\\\/schema\\\/person\\\/83571cd7f738a7f95cae1a44ad0b7ef1\"},\"headline\":\"Rent vs Buy Calculator\",\"datePublished\":\"2025-05-23T17:02:40+00:00\",\"dateModified\":\"2026-05-29T20:04:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/rent-vs-buy-calculator\\\/\"},\"wordCount\":1279,\"publisher\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/rent-vs-buy-calculator\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/griffinfunding.com\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/image3-2.jpg\",\"articleSection\":[\"Mortgage\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/rent-vs-buy-calculator\\\/\",\"url\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/rent-vs-buy-calculator\\\/\",\"name\":\"Rent vs Buy Calculator | Griffin Funding\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/rent-vs-buy-calculator\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/rent-vs-buy-calculator\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/griffinfunding.com\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/image3-2.jpg\",\"datePublished\":\"2025-05-23T17:02:40+00:00\",\"dateModified\":\"2026-05-29T20:04:23+00:00\",\"description\":\"Not sure whether it\u2019s better to rent or buy? Use our rent vs buy calculator to compare costs and see which option makes sense for you.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/rent-vs-buy-calculator\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/rent-vs-buy-calculator\\\/\"]}],\"about\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#organization\"}},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/rent-vs-buy-calculator\\\/#primaryimage\",\"url\":\"https:\\\/\\\/griffinfunding.com\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/image3-2.jpg\",\"contentUrl\":\"https:\\\/\\\/griffinfunding.com\\\/wp-content\\\/uploads\\\/2025\\\/05\\\/image3-2.jpg\",\"width\":1999,\"height\":1343,\"caption\":\"A hand puts down a wooden block that says \u201cBuy\u201d on the opposite side of a model house from a wooden block that says \u201cRent\u201d.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/mortgage\\\/rent-vs-buy-calculator\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/griffinfunding.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Mortgage\",\"item\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/category\\\/mortgage\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Rent vs Buy Calculator\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#website\",\"url\":\"https:\\\/\\\/griffinfunding.com\\\/\",\"name\":\"Griffin Funding\",\"description\":\"Mortgages &amp; Home Loan Lenders\",\"publisher\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/griffinfunding.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#organization\",\"name\":\"Griffin Funding\",\"url\":\"https:\\\/\\\/griffinfunding.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/griffinfunding.com\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/griffinteamlogo-42.jpg\",\"contentUrl\":\"https:\\\/\\\/griffinfunding.com\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/griffinteamlogo-42.jpg\",\"width\":500,\"height\":500,\"caption\":\"Griffin Funding\"},\"image\":{\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/griffinfunding\",\"https:\\\/\\\/x.com\\\/griffinfunding\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/griffin-funding\",\"https:\\\/\\\/www.youtube.com\\\/@griffinfunding\",\"https:\\\/\\\/www.instagram.com\\\/griffin_funding\",\"https:\\\/\\\/www.bbb.org\\\/us\\\/ca\\\/san-diego\\\/profile\\\/mortgage-lenders\\\/griffin-funding-1126-172009171\",\"https:\\\/\\\/www.zillow.com\\\/lender-profile\\\/griffinfunding\\\/\",\"https:\\\/\\\/www.experience.com\\\/reviews\\\/company\\\/griffin-funding-1426\"],\"description\":\"Griffin Funding, founded in 2013, is a nationwide direct-to-consumer mortgage lender that specializes in bank statement loans for the self-employed, DSCR loans for real estate investors, VA loans for veterans and active-duty military, and home equity loans for homeowners. Griffin Funding is dedicated to delivering 5-star service, a fully-digital easy-to-use experience, and financial expertise.\",\"email\":\"info@griffinfunding.com\",\"telephone\":\"8005275910\",\"legalName\":\"Griffin Funding, Inc.\",\"foundingDate\":\"2013-09-17\",\"duns\":\"07-979-5037\",\"leiCode\":\"5493002WVA17MT4UFH84\",\"naics\":\"522292\",\"numberOfEmployees\":{\"@type\":\"QuantitativeValue\",\"minValue\":\"51\",\"maxValue\":\"200\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/griffinfunding.com\\\/#\\\/schema\\\/person\\\/83571cd7f738a7f95cae1a44ad0b7ef1\",\"name\":\"Bill Lyons\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c0b679e4960454cca8759c2cccd0b4dcf2acd3f5bb2ef255efd806cf23263763?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c0b679e4960454cca8759c2cccd0b4dcf2acd3f5bb2ef255efd806cf23263763?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c0b679e4960454cca8759c2cccd0b4dcf2acd3f5bb2ef255efd806cf23263763?s=96&d=mm&r=g\",\"caption\":\"Bill Lyons\"},\"description\":\"Bill Lyons is the Founder, CEO &amp; President of Griffin Funding. Founded in 2013, Griffin Funding is a national boutique mortgage lender focusing on delivering 5-star service to its clients. Mr. Lyons has 25 years of experience in the mortgage business. Lyons is seen as an industry leader and expert in real estate finance. Lyons has been featured in Forbes, Inc., Wall Street Journal, HousingWire, and more. As a member of the Mortgage Bankers Association, Lyons is able to keep up with important changes in the industry to deliver the most value to Griffin's clients. Under Lyons' leadership, Griffin Funding has made the Inc. 5000 fastest-growing companies list five times in its 12 years in business. Follow his updates on LinkedIn.\",\"sameAs\":[\"https:\\\/\\\/griffinfunding.com\\\/our-team\\\/bill-lyons\\\/\",\"https:\\\/\\\/www.facebook.com\\\/griffinfunding\",\"https:\\\/\\\/www.linkedin.com\\\/in\\\/lyons\\\/\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/x.com\\\/griffinfunding\",\"https:\\\/\\\/www.youtube.com\\\/@Griffinfunding\"],\"url\":\"https:\\\/\\\/griffinfunding.com\\\/blog\\\/author\\\/griffinfunding\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Rent vs Buy Calculator | Griffin Funding","description":"Not sure whether it\u2019s better to rent or buy? Use our rent vs buy calculator to compare costs and see which option makes sense for you.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/","og_locale":"en_US","og_type":"article","og_title":"Rent vs Buy Calculator","og_description":"Not sure whether it\u2019s better to rent or buy? Use our rent vs buy calculator to compare costs and see which option makes sense for you.","og_url":"https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/","og_site_name":"Griffin Funding","article_publisher":"https:\/\/www.facebook.com\/griffinfunding","article_author":"https:\/\/www.facebook.com\/griffinfunding","article_published_time":"2025-05-23T17:02:40+00:00","article_modified_time":"2026-05-29T20:04:23+00:00","og_image":[{"width":1999,"height":1343,"url":"https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/05\/image3-2.jpg","type":"image\/jpeg"}],"author":"Bill Lyons","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/x.com\/griffinfunding","twitter_site":"@griffinfunding","twitter_misc":{"Written by":"Bill Lyons","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/#article","isPartOf":{"@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/"},"author":{"name":"Bill Lyons","@id":"https:\/\/griffinfunding.com\/#\/schema\/person\/83571cd7f738a7f95cae1a44ad0b7ef1"},"headline":"Rent vs Buy Calculator","datePublished":"2025-05-23T17:02:40+00:00","dateModified":"2026-05-29T20:04:23+00:00","mainEntityOfPage":{"@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/"},"wordCount":1279,"publisher":{"@id":"https:\/\/griffinfunding.com\/#organization"},"image":{"@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/#primaryimage"},"thumbnailUrl":"https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/05\/image3-2.jpg","articleSection":["Mortgage"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/","url":"https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/","name":"Rent vs Buy Calculator | Griffin Funding","isPartOf":{"@id":"https:\/\/griffinfunding.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/#primaryimage"},"image":{"@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/#primaryimage"},"thumbnailUrl":"https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/05\/image3-2.jpg","datePublished":"2025-05-23T17:02:40+00:00","dateModified":"2026-05-29T20:04:23+00:00","description":"Not sure whether it\u2019s better to rent or buy? Use our rent vs buy calculator to compare costs and see which option makes sense for you.","breadcrumb":{"@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/"]}],"about":{"@id":"https:\/\/griffinfunding.com\/#organization"}},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/#primaryimage","url":"https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/05\/image3-2.jpg","contentUrl":"https:\/\/griffinfunding.com\/wp-content\/uploads\/2025\/05\/image3-2.jpg","width":1999,"height":1343,"caption":"A hand puts down a wooden block that says \u201cBuy\u201d on the opposite side of a model house from a wooden block that says \u201cRent\u201d."},{"@type":"BreadcrumbList","@id":"https:\/\/griffinfunding.com\/blog\/mortgage\/rent-vs-buy-calculator\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/griffinfunding.com\/"},{"@type":"ListItem","position":2,"name":"Mortgage","item":"https:\/\/griffinfunding.com\/blog\/category\/mortgage\/"},{"@type":"ListItem","position":3,"name":"Rent vs Buy Calculator"}]},{"@type":"WebSite","@id":"https:\/\/griffinfunding.com\/#website","url":"https:\/\/griffinfunding.com\/","name":"Griffin Funding","description":"Mortgages &amp; Home Loan Lenders","publisher":{"@id":"https:\/\/griffinfunding.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/griffinfunding.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/griffinfunding.com\/#organization","name":"Griffin Funding","url":"https:\/\/griffinfunding.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/griffinfunding.com\/#\/schema\/logo\/image\/","url":"https:\/\/griffinfunding.com\/wp-content\/uploads\/2020\/09\/griffinteamlogo-42.jpg","contentUrl":"https:\/\/griffinfunding.com\/wp-content\/uploads\/2020\/09\/griffinteamlogo-42.jpg","width":500,"height":500,"caption":"Griffin Funding"},"image":{"@id":"https:\/\/griffinfunding.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/griffinfunding","https:\/\/x.com\/griffinfunding","https:\/\/www.linkedin.com\/company\/griffin-funding","https:\/\/www.youtube.com\/@griffinfunding","https:\/\/www.instagram.com\/griffin_funding","https:\/\/www.bbb.org\/us\/ca\/san-diego\/profile\/mortgage-lenders\/griffin-funding-1126-172009171","https:\/\/www.zillow.com\/lender-profile\/griffinfunding\/","https:\/\/www.experience.com\/reviews\/company\/griffin-funding-1426"],"description":"Griffin Funding, founded in 2013, is a nationwide direct-to-consumer mortgage lender that specializes in bank statement loans for the self-employed, DSCR loans for real estate investors, VA loans for veterans and active-duty military, and home equity loans for homeowners. Griffin Funding is dedicated to delivering 5-star service, a fully-digital easy-to-use experience, and financial expertise.","email":"info@griffinfunding.com","telephone":"8005275910","legalName":"Griffin Funding, Inc.","foundingDate":"2013-09-17","duns":"07-979-5037","leiCode":"5493002WVA17MT4UFH84","naics":"522292","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"51","maxValue":"200"}},{"@type":"Person","@id":"https:\/\/griffinfunding.com\/#\/schema\/person\/83571cd7f738a7f95cae1a44ad0b7ef1","name":"Bill Lyons","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c0b679e4960454cca8759c2cccd0b4dcf2acd3f5bb2ef255efd806cf23263763?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c0b679e4960454cca8759c2cccd0b4dcf2acd3f5bb2ef255efd806cf23263763?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c0b679e4960454cca8759c2cccd0b4dcf2acd3f5bb2ef255efd806cf23263763?s=96&d=mm&r=g","caption":"Bill Lyons"},"description":"Bill Lyons is the Founder, CEO &amp; President of Griffin Funding. Founded in 2013, Griffin Funding is a national boutique mortgage lender focusing on delivering 5-star service to its clients. Mr. Lyons has 25 years of experience in the mortgage business. Lyons is seen as an industry leader and expert in real estate finance. Lyons has been featured in Forbes, Inc., Wall Street Journal, HousingWire, and more. As a member of the Mortgage Bankers Association, Lyons is able to keep up with important changes in the industry to deliver the most value to Griffin's clients. Under Lyons' leadership, Griffin Funding has made the Inc. 5000 fastest-growing companies list five times in its 12 years in business. Follow his updates on LinkedIn.","sameAs":["https:\/\/griffinfunding.com\/our-team\/bill-lyons\/","https:\/\/www.facebook.com\/griffinfunding","https:\/\/www.linkedin.com\/in\/lyons\/","https:\/\/x.com\/https:\/\/x.com\/griffinfunding","https:\/\/www.youtube.com\/@Griffinfunding"],"url":"https:\/\/griffinfunding.com\/blog\/author\/griffinfunding\/"}]}},"_links":{"self":[{"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/posts\/10197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/comments?post=10197"}],"version-history":[{"count":1,"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/posts\/10197\/revisions"}],"predecessor-version":[{"id":12192,"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/posts\/10197\/revisions\/12192"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/media\/10199"}],"wp:attachment":[{"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/media?parent=10197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/categories?post=10197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/griffinfunding.com\/wp-json\/wp\/v2\/tags?post=10197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}