Calculators

Every honest housing-cost calculator we've built.

Calculator-first, transparent math. Twenty-five tools covering buying, renting, owning, and financing — all running locally in your browser, all with the formulas exposed.

25 live tools No login required Math always visible

Defaults reviewed May 2026 · Math runs in your browser · No signup, no email

Buying tools

For the buying decision.

Tools for the pre-purchase decisions — rent-vs-buy, timing, scenario comparison, the closing-day cash picture, and listing-by-listing math.

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Rent vs Buy

Compare total cost over your real time horizon. Includes appreciation, opportunity cost on your down payment, closing costs, and selling costs. Returns a break-even year.

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Cash to Close

Down payment plus closing costs minus seller credits. The exact number you'll need to wire on closing day.

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Buy vs Invest

Compare buying a home against renting and investing the difference. Net position over your hold period — equity vs. portfolio.

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Buy Now vs Wait

Run the same home now vs 12 months from now under your assumptions for prices, rates, and rent inflation. See which path costs less.

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Closing Cost Estimator

Title, escrow, appraisal, lender fees, prepaid taxes and insurance — get a realistic closing-cost figure for your purchase.

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Income Required

The reverse of affordability. Enter the home you want; see the annual income required at three honest qualifying tiers — Conservative, Typical, and Stretch.

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True First-Year Cost

The complete year-one cash picture — down payment, closing, move-in, setup, and 12 months of carrying cost. What you'll actually spend the first year.

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Lease Renewal vs Move

Compare renewing your current lease against moving to a different rental. Total cost over your horizon — including movers, deposits, fees, rent growth, and utility setup.

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Property Type Comparison

Same price, three property types — condo vs townhouse vs single-family. HOA, maintenance, insurance, and utility differences side-by-side over your hold period.

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Financing tools

For the loan decisions.

Loan-program comparison, refinance math, and the mortgage utilities buyers reach for at Loan Estimate time. Pairs directly with the lender flagship guide.

How these are different

Calculators that don't sell you something.

Most online mortgage calculators belong to a lender, a real-estate brokerage, or a lead-generation network. The number they show you is calibrated to make a home feel reachable so you'll fill out a contact form.

OwningCost calculators don't capture leads. They run in your browser. The full math is visible under every output — formulas, default rates, and the exact set of assumptions used. You can change every assumption and see what happens.

What "complete monthly cost" actually means

The mortgage payment most calculators show you covers principal and interest, sometimes property tax, sometimes a token insurance number. That's typically 60–70% of what a homeowner actually pays each month. The rest — HOA, PMI when applicable, maintenance reserve, and post-purchase tax reassessment — is real money that you'll spend whether the calculator shows it or not.

Every tool here surfaces every line item. Adjust them, hide them, or zero them out. The point is to see the real number.

FAQ

Common questions about the calculators.

What makes these calculators different from a standard mortgage calculator?
Standard mortgage calculators answer the lender's question — what's the principal-and-interest payment that supports underwriting? OwningCost calculators answer the buyer's question — what's the total monthly cost of owning this home? That means including a 1% maintenance reserve, the post-purchase property-tax reset (the seller's current bill is rarely your future bill), HOA pass-throughs, and PMI with proper removal logic. The output is typically 25–40% higher than a lender calculator on the same loan amount, and that's the honest number.
Are the calculators free? Do I need to sign up?
Free, no signup, no email capture, no lead generation. The math runs entirely in your browser. We don't store your inputs, sell data, or pass anything to a lender. The trust line above every calculator says exactly this.
Do the calculators save my information?
No. Inputs aren't sent to a server, written to a database, or stored in a cookie that follows you around. Reload the page and the inputs reset. Privacy isn't an OwningCost feature; it's the absence of the surveillance feature most calculators have built in.
Which calculator should I start with?
It depends on where you are in the decision. Renting and curious if buying makes sense — start with Rent vs. Buy. Buying soon and want to know what you can really afford — Affordability. Looking at a specific listing — Listing Reality Check. Already own and want to check the full picture — True Monthly Cost. The "Pick your situation" panel on the homepage maps user types to calculators.
How accurate are the estimates?
As accurate as the inputs you provide. The formulas are exact (documented on the methodology page) but the defaults — property tax rates, insurance averages, maintenance percentages — are calibrated ranges, not your specific bill. For the most accurate number on a specific home, replace the defaults with your actual quote from a lender, your local tax bill, and an insurance estimate from your zip. The calculator will produce a number within $50–$100/month of reality on most properties when those inputs are accurate.
Are these calculators built by a lender?
No. OwningCost is independent. We don't take payment from lenders, real-estate agents, or insurance companies. There's no preferred-lender list, no affiliate funnel, no sponsored placement. The methodology and the math are the product; the position is documented on the About page.
Can I use these for renting decisions, not just buying?
Yes — Rent vs. Buy is built for the rent decision, and the Listing Reality Check works for rental listings too (utilities, parking, application fees, mandatory amenities). The Renting hub covers the rent-specific decisions in more depth, and the Lease renewal vs. moving guide handles the most common rental decision the calculators don't fully cover.
Which calculator is best for comparing scenarios?
For loan-structure comparisons, the dedicated comparison tools — FHA vs. Conventional, VA vs. Conventional, ARM vs. Fixed. For "should I do this now or later" questions, Buy Now vs. Wait and Stay vs. Sell. For comparing two specific homes, run the True Monthly Cost calculator twice with different inputs — the comparison is structural, not a UI feature, and the lifetime cost differences usually show up clearly.
Start here

New to OwningCost? Run the True Monthly Cost calculator.

It's the foundation tool — everything else builds on it. Five inputs, the complete monthly figure, every assumption visible.