City / Metro

Property & Market

Costs & Growth

Lifestyle

Advanced — PMI, HOA, Taxes

When enabled, tax savings = (monthly interest + monthly property tax) × marginal tax rate. This lowers owner unrecoverable costs in the simulation.

Enable the deduction above to see estimated monthly tax savings.

Results

Slide to any year — wealth comparison and monthly costs update together.

7
Calculating...
Wealth at year 7

Total net worth for each path at the selected year.

Renter · SPY

Initial investment i $0
Total contributions i $0
Nominal portfolio i $0
Real portfolio i $0

Owner · Home

Home value i $0
Remaining mortgage i $0
Net equity (after selling) i $0
Real net equity i $0
Monthly costs at year 7

Unrecoverable owner costs vs rent for the same year — hover i for definitions.

Mortgage interest i
Property tax i
Insurance i
Maintenance i
PMI i
HOA fees i
Lifestyle benefit i
Tax savings i
Owner unrecoverable i
Monthly rent i
Monthly renter invests i
30-year outlook
Break-even (nominal)
When owner net equity first exceeds renter portfolio

This calculator is for educational purposes only and does not constitute financial, tax, or legal advice. Results are estimates based on your inputs and simplifying assumptions. Consult a qualified professional before making housing decisions.