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the federal reserve bank of cleveland

Rent or Buy Calculator

12/12/2018: Changes in the new tax law have not yet been incorporated into the model. The rent or buy calculator will be updated in the third quarter of 2019.

This calculator is intended solely for general information and education purposes. You should not take any action on the basis of the information provided through this calculator. It is not intended in any way as investment, financial, securities, insurance, tax or legal advice or services. You should consult with your own financial, tax and/or legal advisors for advice regarding your personal circumstances. You could lose money or fail to achieve your objectives by relying on this calculator.

The computations performed by this calculator are based on information and assumptions provided by you. Actual results may be different. In addition, the calculator does not take into account all of the factors that may be relevant to your decision-making.

The Federal Reserve Bank of Cleveland assumes no duty to you by making this calculator available and shall not be responsible for any errors, omissions or defects in this calculator or the consequences of any decisions or actions taken in reliance upon this calculator. The Federal Reserve Bank of Cleveland shall not be liable under any circumstances for losses, lost profits, lost investments, unrealized investment gains or any direct, indirect, incidental, special, punitive or consequential damages of any kind, whether foreseeable or not, that result in any way from, or relate in any way to, your use, non-use or reliance on this calculator. Your sole and exclusive remedy for any claim related to this calculator is to stop using it.