What could your rent
buy you?
Wondering if you could buy your first home? Start with what you pay in rent and how much you have saved. We’ll help you explore the numbers—no mortgage experience needed.
Could owning be your next move?
No complicated math. Enter what you know, and change anything as you go. Your results update instantly and stay on your device.
01 / A little about you
02 / Explore a home you could buy
Tap an example to fill in your down payment. These are illustrations, not guarantees of loan eligibility. You may also type any dollar amount above.
Rates, mortgage insurance, tax rates, closing costs, and lender qualifying rules vary. These editable defaults are hypothetical, not a rate quote or a lender determination. The tool does not check credit or program eligibility.
Your numbers at a glance
Illustrative estimates based on your inputs.
What goes into that monthly payment?
Money you may need upfront
You may have more options than you think
You don’t always need 20% down to buy your first home. A licensed mortgage professional can explain low-down-payment conventional loans, FHA, VA (if eligible), USDA (for eligible properties and borrowers), and MaineHousing options. Program rules and eligibility vary.
Coffee's on me.
Let's talk about what matters to you and create a personalized path toward homeownership—whether that's this year or down the road.
Chris Hollsten · LUX Group at Real Broker LLC
No obligation. You may work with any lender you choose.
For education only. Estimates exclude maintenance, repairs, utilities, potential special assessments, moving costs, tax benefits, rent increases, home appreciation, and investment returns. A complete rent-versus-buy decision also depends on how long you plan to stay. Calculator inputs remain on your device unless you choose to share a limited summary when requesting a conversation.
Renting vs. owning over time
See how the estimated average monthly net cost could change the longer you stay. This is different from the monthly mortgage payment above: it factors in estimated home equity when selling.
Illustrative model: buying net cost = down payment + closing costs + mortgage payments + taxes + insurance + mortgage insurance + HOA fees + estimated selling costs − sale proceeds after repaying the remaining mortgage. Renting net cost = cumulative rent with annual increases. Both are divided by months occupied. Assumes a sale at each displayed year. Excludes maintenance, repairs, utilities, tax effects, investment returns on cash, rent deposits, moving expenses, and future changes in taxes/insurance/HOA. Appreciation and rent growth are uncertain; negative net costs can occur if projected appreciation exceeds costs. This is not a prediction or a lender estimate.
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