Estimates depend on assumptions
The rent vs buy calculator uses inputs such as home price, rent, interest rate, appreciation, rent growth, taxes, insurance, maintenance, selling costs, and investment return. These inputs may be uncertain or change over time. A result is not a forecast, guarantee, recommendation, or promise of a particular return.
Tax estimates
The optional tax section is simplified and off by default. It is not a tax calculation or a statement that you qualify for a deduction. Review current IRS guidance and consult a qualified tax professional who understands your filing status and circumstances.
Before acting
Verify mortgage terms with a lender, property costs with local sources, insurance with an insurer, taxes with an appropriate authority, and legal questions with a qualified attorney. Consider liquidity, emergency savings, job stability, moving plans, risk tolerance, and the condition of the specific property.
No personalized recommendation
HomeMath does not tell you whether to rent or buy. Read the result as a way to organize assumptions and identify questions for further research. If a small change flips the result, the decision is sensitive and deserves additional review.