Personal Finance Tools
Total Ownserhip Cost vs Rent
The total cost of ownership (TCO) includes the purchase price of an asset and its lifespan operating costs. Statistically, in the US, people move out within nine years.
- Buy vs Rent
- Analyze across years whether buying or renting works financially better in your particular situation.
- Sell vs Rent
- In this scenario, we include the sale's commission and fees; along with the capital gains or lost depending on the house's value.