Rent vs. Buy Break-Even: $450K Home vs. $2,200 Rent
Analyze when buying a $450,000 home with 20% down breaks even financially compared to renting at $2,200 per month.
How to use this tool
- Enter home price, down payment, mortgage interest rate, current monthly rent, annual home appreciation, annual rent increase and years to compare in the fields above.
- Results update instantly as you type — or click Calculate.
- Read your buy scenario equity and the full breakdown beneath it.
Understanding the break-even point on a $450,000 home purchase helps you decide whether your planned stay makes buying worthwhile.
Frequently asked questions
- What costs are not included?
- This model excludes property taxes, maintenance (~1% of home value/year), HOA fees, insurance, and transaction costs. Add these to the buy side for a more complete comparison.
- When does buying always win?
- In high-appreciation markets with long time horizons, buying typically dominates because leverage amplifies gains. Renting wins in stagnant markets when renters invest the difference aggressively.