Rent vs Buy Calculator
Compare the true financial cost of renting versus buying over time
From the Blog
How the Comparison Works
This calculator computes the total cost of renting and buying over your chosen number of years — including costs that are often overlooked. Renting costs include cumulative rent (increasing each year) minus the investment growth you could earn on the deposit amount. Buying costs include mortgage payments, maintenance and transaction costs, minus the equity built through repayments and property appreciation.
The result shows which option leaves you financially better off after your chosen period — and by how much. The break-even year is the point at which buying becomes cheaper than renting on a cumulative basis.
Disclaimer: CalculatorXP calculators are for informational purposes only and do not constitute financial or property advice. House price growth, investment returns and rental increases are uncertain. Consult a qualified financial adviser before making property decisions.