Rent vs Buy Calculator, Excel and Google Sheets, Home Buying Spreadsheet, Mortgage Break Even, Should I Buy a House, Rent or Buy Comparison

Rent vs Buy Calculator for Microsoft Excel and Google Sheets, instant digital download. Find out whether buying a home or renting and investing the difference leaves you with more money, and the year buying breaks even. Perfect for first-time home buyers. ✨ NOW INCLUDES 4 FILES: Excel + Google Sheets, each in a SAMPLE version (filled with example data so you can see how it works) and a BLANK version (ready for your own numbers). ★ WHAT'S INCLUDED ★ • 8 tabs with a clickable Start Here page • Dashboard: the better choice for how long you'll stay, break-even year, up-front cash, monthly costs, a 10 and 30 year snapshot and 2 charts • Inputs: home price, down payment (% or $), closing costs, rate, term, property tax, insurance, HOA, maintenance, PMI, home value growth, selling costs, rent, rent increase and investment return • Year by Year: 30 years of home value, mortgage, equity, every cost and both net worths • Mortgage Schedule: 360 monthly payments with interest, principal, PMI and optional extra principal • Cost Breakdown: what each option costs you and what you walk away with, plus an unrecoverable costs chart • Scenarios: base, cautious and hopeful assumptions side by side • Affordability: the 28/36 rule, a max home price estimate and a rent check ★ PERFECT FOR ★ ✓ First-time home buyers ✓ Renters wondering if it's time to buy ✓ Comparing a specific home with your current rent ★ COMPATIBILITY ★ • Microsoft Excel (desktop, Mac, web) • Google Sheets (upload to Google Drive and open with Google Sheets) • 4 files included: an Excel version + a Google Sheets edition, each as a Sample and a Blank copy • Not designed for Apple Numbers ★ HOW IT WORKS ★ 1. Download the file right after purchase. 2. Type the home's price, down payment, rate and yearly costs. 3. Add your rent, rent increases and expected investment return. 4. Set how long you'll stay and read the verdict. Works in any currency ($, £, €, C$, A$ and more): just change the currency symbol. ★ PLEASE NOTE ★ • This is a digital download. Nothing will be shipped. • Results are estimates. Taxes on gains and mortgage interest deductions are left out on purpose. Not financial advice. • Because it's a digital file, returns aren't accepted, but if you have any trouble with the file, message me and I'll fix it or help you right away.