Calculator
Rent vs buy
Compare your net worth after buying versus renting and investing the difference.
Your assumptions
$
$
$
%
yrs
$
Rates, insurance, maintenance, strata
%
$
%
%
If you invested instead of buying
yrs
After 10 years, buying comes out ahead by
$2,904
Net worth comparison
Buy$583,209
Home value $1,110,183 − selling costs − $504,770 loan left
Rent & invest$580,305
Deposit + monthly savings invested at your assumed return
Monthly mortgage$3,675
Total interest paid$345,748
Total rent paid$362,565
Assumes equal monthly budgets — the renter invests whatever they save versus the cost of owning. Highly sensitive to growth and investment-return assumptions.
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