Trulia's approach goes beyond monthly payments. They calculate the and compare it to the "Total Cost of Renting" over a set period (typically 7 years). Buying Costs Included Renting Costs Included Mortgage principal & interest Monthly rent payments Property taxes & hazard insurance Renter’s insurance Closing costs & HOA fees Security deposits Maintenance & renovation costs Lost opportunity cost on deposits Offset by: Tax deductions & equity How the Trulia Calculator Works
The tool allows you to input specific variables to find your personal : trulia's rent vs buy
Compare a specific home you want to buy against a comparable rental. Trulia's approach goes beyond monthly payments
New Calculator Answers the Question: “Should I Rent or Buy?” trulia's rent vs buy