Determine which is more economical, renting or buying, based on your payments and accommodation information. If you require assistance, select the "help" button.

 

Rent vs. Buy Calculator

Monthly payment if you bought: $ Down payment: $ Annual property taxes: $ Interest rate: % Annual increase in home value:   CHOOSE0%1%2%3%4%5%6% Monthly rent: $ Years of comparison:   CHOOSE1 Year2 Years3 Years4 Years5 Years6 Years7 Years8 Years9 Years10 Years

 
 

Information is provided for sample purposes only. The Mortgage Centre does not guarantee its accuracy. Information should be verified and should not be relied upon as legal, financial, or other advice.