New Hampshire Rent vs Buy Calculator

🔒
Complete Privacy: Your financial information never leaves your device. No tracking, no data collection, works offline. Calculate confidently.
Location & Tax Settings

🏠 Why location matters:

Property taxes, insurance, and maintenance costs vary significantly by state. Homeownership tax benefits also depend on your tax situation. This section ensures accurate location-based calculations.

For accurate local costs and taxes
Your highest federal tax bracket
Affects homeownership tax benefits
Advanced Cost Settings

🏠 Customize your analysis:

Fine-tune the analysis with your specific situation. All values auto-populate with state averages when you select your location above.

💡 About PMI (Private Mortgage Insurance):

PMI is required when you put less than 20% down and typically costs 0.3%-1.5% of your loan amount annually. It automatically cancels when you reach 20-22% equity through payments or home appreciation. PMI is not tax-deductible for most buyers.

Annual property tax as % of home value
Annual property tax increase rate
Homeowners association fees
Homeowners insurance premium
Annual maintenance as % of home value
Expected annual home value increase
Annual PMI as % of loan amount (if under 20% down)
PMI removed when you reach this equity %
Down Payment: 20.0%
One-time costs as % of home price
Investment Analysis

💰 Investment opportunity analysis:

Compare the opportunity cost of using your down payment for investments instead of homeownership. This helps determine the true financial impact of each choice.

Annual return on alternative investments
Tax on investment gains
Renter's insurance premium
Advanced Market & Behavioral Factors

🏠 Factors that can make buying more beneficial:

These often-overlooked factors can significantly impact the rent vs buy decision in your favor.

Affects capital gains exemption ($250K vs $500K)
% of rent savings you'll actually invest consistently
Reality Check: Studies show most people don't invest the full difference. At 70%, you're being realistic.
Market rent increase risk
How often you move as a renter
Security deposit + moving + broker fees
Higher utility costs in rental units
Long-term inflation expectation
How much RE outperforms inflation
How long you plan to stay
Monthly Mortgage Payment: $0 Principal + Interest + PMI + Taxes + Insurance + HOA
Monthly Rent: $0 Current rent + renter's insurance
Monthly Difference: $0 Mortgage payment - rent payment
Net Worth Advantage: $0 Better option's net worth advantage
Home Equity Built: $0 Home equity after analysis period
Investment Value: $0 Down payment + monthly differences invested
Break-Even Point: Never When buying builds more net worth
Tax Benefits: $0 Total homeownership tax savings
🧠 Behavioral Impact: $0 Money lost due to imperfect investing discipline
🚀 Partner With Us
Opportunity
Reach Your Target Audience
Connect with homebuyers and investors actively using our mortgage calculators. Showcase your financial services to an engaged audience making important housing decisions.
Partnership Opportunities Available
📈 High-Converting Traffic
Targeted Financial Services Audience
📋 Learn More ✉️ Contact Us
🎯 Targeted homebuyer audience
📊 High engagement metrics
💰 Competitive partnership rates
🤝 Flexible partnership options
Year Renting + Investing Buying Net Worth Comparison
Annual Rent Investment Value Net Worth Annual Cost Home Equity Net Worth Advantage Better Choice
📊 How to read the analysis

Understanding the net worth comparison:

  • Annual Rent: Total yearly rental costs (rent + renter's insurance)
  • Investment Value: What your down payment would be worth if invested instead
  • Renting Net Worth: Investment value minus all rent paid to date
  • Annual Cost (Buying): Total yearly homeownership costs (mortgage, taxes, insurance, maintenance, etc.)
  • Home Equity: Your ownership stake in the home (home value - remaining mortgage)
  • Buying Net Worth: Home equity minus all costs paid to date
  • Advantage: How much more net worth the better option provides
  • Better Choice: Which option builds more wealth each year

💡 Key insights:

📊 Net Worth Focus
This analysis compares total wealth building, not just monthly payments. Buying might cost more monthly but build more long-term wealth.
💰 Opportunity Cost
We compare investing your down payment vs using it to buy a home, including investment taxes and appreciation.
🏠 Equity vs Investment
Home equity builds slowly at first (mostly paying interest), while investments can compound from day one.
📈 Time Horizon Matters
The longer you stay, the more likely buying becomes advantageous as equity builds and transaction costs spread out.
🏦 PMI Impact
Private Mortgage Insurance adds significant cost when you put less than 20% down, but disappears once you reach 20-22% equity.
💳 PMI vs Opportunity Cost
Sometimes paying PMI while investing extra cash can be better than saving for a larger down payment.
🏠 Capital Gains Exemption
Primary residence sales get $250K (single) or $500K (married) capital gains exemption - huge advantage for buyers.
🧠 Behavioral Reality
Many renters don't actually invest the difference consistently - forced mortgage savings can be better.
📈 Inflation Hedge
Real estate often outperforms inflation while fixed-rate mortgages get cheaper with inflation.
🎯 Rent Volatility
Hot markets can see sudden rent spikes, while homeowners have payment stability.
💰 Hidden Renter Costs
Moving costs, utility premiums, and lack of tax deductions add up over time.

New Hampshire Rent vs Buy Information

New Hampshire Market Factors

  • No state income tax increases net income
  • Other taxes may be higher to compensate
  • Mortgage interest deduction less valuable
  • More money available for housing costs

Key Considerations

  • Limited mortgage interest tax benefits
  • Higher property or sales taxes likely
  • More disposable income for housing
  • Consider total tax burden, not just income tax

New Hampshire Rates & Costs

  • Property Tax Rate: 1.86%
  • Avg. Insurance Rate: 0.39%
  • Maintenance Rate: 1.4%
  • Avg. Appreciation: 3.8%
  • State Income Tax: None
  • Avg. Utilities: $142/month

Available Programs

  • State and local first-time buyer programs
  • FHA and VA loan programs
  • USDA rural development loans where applicable
← Back to New Hampshire Financial Calculators