Calculation method
Compares estimated owner equity at sale with a renter portfolio that starts with the down payment and buying costs, then invests the monthly difference between owner costs and rent.
Mortgages · General formulas
Rent vs. Buy Calculator
Compare estimated home equity with a renter's invested savings over time. Use the example values or enter your own numbers to explore an estimate.
Currency formatting only—not an exchange-rate conversion. No country-specific tax or government rules are applied.
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Enter your details to see a personalized calculation, a simple projection, and the assumptions behind it.
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The PDF includes active input values and option labels, results, sources, model assumptions, and the schedule when available. Schedule periods follow the model: years, months, or actual payments.
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Links include eligible rate, term or frequency assumptions only. Dollar amounts are never included. Recipients must enter their own amounts; the link will not reproduce your full financial scenario.
Assumptions & limits
- Fixed mortgage with the entered term; property tax and maintenance are percentages of original home price.
- Owner equity subtracts the remaining loan and estimated selling costs.
- Renters invest the down payment and costs at the assumed return; costs are simplified and results are not advice.
- Basis: User-entered values.
- Basis: Standard fixed-payment and time-value-of-money formulas.
- Basis: https://www.canada.ca/en/financial-consumer-agency/services/mortgages/choose-mortgage.html.
- Basis: https://itools-ioutils.fcac-acfc.gc.ca/MC-CH/MortgageCalculator.aspx.
Source/rule review year: Not applicable — general mathematical model.