Rent vs Buy Calculator
Compare the long-term financial outcomes of renting versus buying. Factor in property appreciation, investment returns, and opportunity costs.
Buying Scenario
Stamp duty, legal fees, inspections
Rates, insurance, maintenance
Renting Scenario
Return on invested savings
Comparison Settings
Comparison Results After 10 Years
If You Buy:
Projected Home Value: $846,359
Remaining Loan Balance: $396,197
Estimated Home Equity: $450,162
Total Out-of-Pocket (Buy): $527,046
Net Financial Position (Buy): $450,162
If You Rent:
Total Rent Paid: $268,881
Value of Invested Savings: $390,691
Total Out-of-Pocket (Rent): $268,881
Net Financial Position (Rent): $390,691
Buying appears to be better by $59,472
Buying becomes more favorable than renting around year 5.
Important: This calculator provides a simplified comparison and involves many assumptions about future rates and costs. It doesn't account for tax implications (e.g., capital gains tax, negative gearing), selling costs, or lifestyle factors. Actual outcomes can vary significantly. Always seek personalised professional financial advice.
Loan Repayment Calculator
Calculate your mortgage repayments with different loan amounts, interest rates, and terms. Perfect for understanding your monthly, fortnightly, or weekly commitments.
Stamp Duty Calculator
Calculate stamp duty costs across all Australian states and territories. Includes first home buyer concessions and investment property surcharges.
Borrowing Power Calculator
Estimate how much you could borrow based on your income, expenses, and current interest rates. Essential for property budget planning.
Investment Return Calculator
Analyse rental yields, cash flow, and capital growth potential. Calculate ROI and make informed property investment decisions.
Mortgage Offset Calculator
Discover how offset accounts can save you thousands in interest and reduce your loan term. Compare scenarios with different offset balances.
Rent vs Buy Calculator
Compare the long-term financial outcomes of renting versus buying. Factor in property appreciation, investment returns, and opportunity costs.