Rent vs Buy Calculator

Compare the true wealth outcome of buying vs renting over any time horizon. Includes stamp duty, capital growth, investment returns and break-even analysis.

Rent vs Buy Calculator

Compare the true cost of buying vs renting over time, factoring in property growth, investment returns and all purchase costs.

Property Purchase

Purchase Price$750k
Deposit20% ($150k)
Interest Rate6.50% p.a.
Loan Term30 years

Renting

Current Weekly Rent$600/wk
Annual Rental Growth3.0% p.a.
Investment Return (on deposit)7.0% p.a.

Growth Assumptions

Property Capital Growth5.0% p.a.
Comparison Horizon10 years

After 10 years — net wealth comparison

Buying

$713k

property equity

vs

Renting

$499k

investment portfolio

Buying builds $214k more wealth over 10 years

Break-even Point

Year 2

when buying wins

Monthly Repayment

$3,792

principal + interest

Upfront Costs to Buy

Deposit (20%)$150k
Stamp Duty (NSW est.)$28k
Conveyancing$2,500
Total Upfront$181k

After 10 Years — Total Paid

Total Buying Costs$711k
Total Rent Paid$358k
Property Value$1.22m
Remaining Loan$509k

Illustrative only. Stamp duty uses NSW investor rates. Holding costs estimated at 1% p.a. of property value. Tax implications not included. Consult a financial adviser before making property decisions.