This rent vs buy calculator will allow students to easily compare the costs of purchasing a home against renting the same or similar home, to make a informed decision about which option would be better for them in the future.
This will work perfectly in a personal finance, financial literacy, or life skills class.
An easy to use Google Sheet template that can be assigned to your students, with each getting their own copies to work on. Formulas are pre-built in and students simply fill in information from real estate sites such as zillow.com or trulia.com.
Created as part of the ChooseFI High School Curriculum. For full lesson, more resources, and support, check out www.choosefifoundation.org!