Buying and selling
Rent vs Buy Calculator
Compare your wealth after renting and investing with your equity after buying, year by year.
Your position
$
% p.a.
years
Renting
$
Rent paid
%
Buying
$
$
$
Rates, insurance, strata and maintenance.
%
%
$
years
% p.a.
After 30 years, buying is ahead by
$1,315,065
Monthly loan repayment $4,361.27.
- Renting: savings and investments
- $1,449,598
- Buying: home equity and investments
- $2,764,664
Wealth over time
- Buying: equity and investments
- Renting: savings and investments
Show the figures as a tableHide the table
| Year | Buying: equity and investments | Renting: savings and investments |
|---|---|---|
| 0 | $110,000 | $150,000 |
| 1 | $149,712 | $182,035 |
| 2 | $191,221 | $214,669 |
| 3 | $234,612 | $247,896 |
| 4 | $279,976 | $281,708 |
| 5 | $327,407 | $316,095 |
| 6 | $377,004 | $351,047 |
| 7 | $428,873 | $386,550 |
| 8 | $483,124 | $422,589 |
| 9 | $539,872 | $459,146 |
| 10 | $599,240 | $496,201 |
| 11 | $661,355 | $533,732 |
| 12 | $726,353 | $571,712 |
| 13 | $794,375 | $610,113 |
| 14 | $865,570 | $648,904 |
| 15 | $940,097 | $688,048 |
| 16 | $1,018,120 | $727,506 |
| 17 | $1,099,814 | $767,236 |
| 18 | $1,185,363 | $807,191 |
| 19 | $1,275,193 | $847,550 |
| 20 | $1,371,177 | $889,928 |
| 21 | $1,473,694 | $934,424 |
| 22 | $1,583,143 | $981,145 |
| 23 | $1,699,948 | $1,030,202 |
| 24 | $1,824,556 | $1,081,713 |
| 25 | $1,957,441 | $1,135,798 |
| 26 | $2,099,106 | $1,192,588 |
| 27 | $2,250,082 | $1,252,218 |
| 28 | $2,410,931 | $1,314,828 |
| 29 | $2,582,248 | $1,380,570 |
| 30 | $2,764,664 | $1,449,598 |
How this calculator works
- All figures are in future dollars and are not adjusted for inflation.
- The buyer uses your savings for the deposit and upfront costs. Each year, whichever household spends less on housing invests the difference at your savings return.
- The home grows at the rate you enter, and rent and ongoing costs rise each year.
- Tax, selling costs and changes in interest rates are not included.
Results are general estimates only and are not credit, tax or financial advice. They do not take your objectives, financial situation or needs into account. Check the figures with a licensed professional before making a decision.
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