Every rent check clears into your landlord's equity — never yours. Move the numbers below to see how much of that money could already be building a home your family owns.
Slide anything below to match your real rent, the home you're eyeing, and how long you'd stay. Everything updates instantly.
| Year | Rent paid to date | Home equity |
|---|
Renting side: your monthly rent, compounding at the rent-increase rate you set, added up over the years you choose. Buying side: a standard 30-year fixed mortgage on the loan amount after your down payment; equity is the home's appreciated value minus whatever principal is still owed, so it already accounts for the interest you'd pay along the way. Property tax, insurance, and maintenance are estimated as a percentage of home value and are treated as a cost, not equity — same as rent.
This is an illustration built from the assumptions you set, not a promise, an appraisal, or financial, tax, or legal advice. Real mortgage rates, home values, and rents move for reasons a slider can't capture. Talk with a licensed lender and a REALTOR® before making a decision this size.
Mike & Misty Wood have walked Northwest Georgia families through this exact math for years — CDPE-Certified and based right on Main Street in Cedartown.
