Buy vs rent calculator

It is best for comparing broad scenarios: how much rent you may pay over time versus how much ownership might cost after mortgage payments, owner expenses and estimated equity.

This page keeps the first comparison simple. For a real decision, add stamp duty, legal fees, agent fees, renovation, selling costs and opportunity cost before treating the result seriously.

Yes. Small changes in rent growth or property growth can swing the result. Test flat, conservative and optimistic scenarios rather than relying on one forecast.

No. It means the simplified model favored buying under the assumptions entered. Liquidity, stamp duty, job plans, family needs, renovation, maintenance and resale risk still matter.

Use the rent you would realistically pay for a comparable unit. If you are checking a specific project, use recent contracted rent as the anchor and then test a higher or lower asking rent.

Buying has large upfront and exit costs. A short holding period gives less time for principal repayment and potential appreciation to offset those costs, while a longer period can change the comparison.