Home/API/Rent vs Buy

API Endpoint

Rent vs Buy

Compare total costs of renting versus buying over a specified time horizon.

Endpoint

POST https://likeoptions.com/api/v1/calculate/rentbuy

Also supports GET with query parameters.

Parameters

ParameterTypeDefaultDescription
monthlyRentnumber—Monthly rent ($)
homePricenumber—Home purchase price ($)
downPaymentnumber—Down payment amount ($)
annualRatenumber—Annual mortgage rate (%)
yearsnumber—Time horizon (years)

Request Examples

POST (JSON body)
curl -X POST https://likeoptions.com/api/v1/calculate/rentbuy \ -H "Content-Type: application/json" \ -d '{"monthlyRent": 100000, "homePrice": 50000, "downPayment": 6}'
GET (query parameters)
curl "https://likeoptions.com/api/v1/calculate/rentbuy?monthlyRent=100000&homePrice=50000&downPayment=6"

Response

{ "kind": "rentbuy", "result": { "primary": 1234.56, "secondary": [ { "label": "Example metric", "value": 100, "format": "money" }, { "label": "Example percent", "value": 5.5, "format": "percent" } ] } }

When to Use

  • Compare rent vs buy decision
  • Analyze housing cost scenarios
  • Plan housing strategy

Error Handling

  • 400 Bad Request — Invalid input parameters or missing required fields
  • 404 Not Found — Unknown calculator kind
  • 429 Too Many Requests — Rate limit exceeded (120 req/hour per IP)
  • 413 Payload Too Large — Request body exceeds 16 KB

Related Endpoints

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