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Calculator · Open source

Rent vs Buy Calculator

Should you rent or buy? Compare the true financial outcome over time, including equity building, investment growth, and all hidden costs.

Methodology
Public formulas, updated regularly. Built for Canadians, by Canadians.

⌂Buy

$500,000
$100,000
4.5%
3.0%/yr
1.0%/yr
1.0%/yr
$15,000

☖Rent

$2,200
2.5%/yr
6.0%/yr
10 years

Renter invests the down payment + closing costs + monthly savings difference. Selling costs assumed at 5% of home value.

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