Run the numbers
Effective Housing Cost Calculator
Cost to own, minus what you expect to collect in rent. The number that actually tells you whether a house hack works.
Editable estimate, not a live quote — check current average rates or ask a lender for a real one.
Rental strategy
Not sure which fits your space? Read about rental strategies →
Cost to own
$2,722
per month, before rental income
- Principal & interest
- $2,102
- Property tax
- $321
- Home insurance
- $150
- PMI
- $150
Effective housing cost — room rental
$1,522
what you actually pay out of pocket each month, after $1,200 in expected rental income
This is an estimate to help you compare properties and rental strategies — not a loan quote, a rent guarantee, or personalized financial advice. Actual rates, taxes, insurance, and achievable rent vary. Talk to a lender for real numbers on your specific situation.