Compare total cost of renting vs buying over your time horizon including equity, taxes, and opportunity cost.
Under these assumptions
Buying comes out ahead
+$14,922
cheaper over 10 years
Over 10 years, Buying is cheaper by $14,922. Home appreciation builds equity that outweighs higher upfront costs.
A model of the inputs above, not financial advice. Real outcomes depend on rates, taxes and choices this comparison does not include.
