Rent vs Buy Calculator

Compare the total cost of buying (with a mortgage) and renting over your chosen period, accounting for deposit, interest, upkeep and property appreciation.

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Mortgage / month
Net cost of buying
Cost of renting

"Net cost of buying" = deposit + payments + upkeep − equity built (appreciation and principal repaid). Simplified estimate; excludes transaction costs and taxes. Not advice or an offer.

Frequently asked questions

What does "net cost of buying" mean?

The real cost of ownership after subtracting the equity you build: property appreciation and the part of the mortgage you repay. This makes the comparison with renting fair.