- Predictable costs
- No maintenance
- Flexible
- Easier to move
FOR PARENTS
Rent for four years — or own something when college ends?
Run the numbers with our interactive calculator and see what makes sense for your family.
Loyola Marymount University · Los Angeles, CA
Compare Your Options
THE NUMBERS, WITH YOUR ASSUMPTIONS
Compare Rent vs. Own
Use the same calculator presentation while keeping this family scenario and campus context.
Your InputsYour Results
Estimated 4-Year CostRenting$145,776Total housing cost Buying$370,677Estimated net cost
- Potential equity
- Roommate income
- Tax advantages est.
- Long-term investment
Estimated Difference$224,901Potential savings with renting
Still unknown: property taxes, HOA / association cost. They are not represented as confirmed $0 costs.
This is an estimate. Actual results may vary.
What Could Change This Answer?
⌂HOA rules and restrictions◇Property taxes and insurance⌁Maintenance and repairs♙Roommate vacancy risk↗Market appreciation$Selling costs after graduation
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