Rent vs Buy
personalBest for: Housing decision comparisons over time
Primary output: Estimated cost/equity difference
Depth: AdvancedTime: 4-6 min
Open Calculator
Calculator
Rent vs Buy
Model monthly cash impact and long-term wealth difference between renting and buying under your assumptions.
Inputs
$
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$
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years
$
$
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Results
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How This Works
- Renting cost is projected over time with annual rent growth.
- Buying cost combines mortgage payments, maintenance, and property tax.
- The tool estimates home equity and compares net position at the chosen horizon.
Related Services and Locations
Important Disclaimer
- Estimate only. This calculator is for planning and does not replace advice from Olson & Company or CRA guidance.
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Open CalculatorCalculator FAQs
Does this include transaction costs?
No. Add legal fees, transfer taxes, and selling costs separately when deciding.
Is this a recommendation to buy or rent?
No. It is a scenario model to support informed planning.