Rent vs Buy Calculator
Compare the long-term financial impact of renting vs owning a home.
Buying Scenario
Renting Scenario
Market Assumptions
Better Financial Choice
Buying is Better
Over 5 years, buying could save you £62,371 (Long-term Estimate).
Renting Cost
£90,000
Total rent paid over 5 years.
Buying Cost
£27,629
Interest + Fees + Maintenance - Appreciation.
Equity Growth (Buying)
Y1
Y2
Y3
Y4
Y5
Consideration
Why Buy?
Fixed payments, potential for capital gains, and eventual mortgage-free living.
Why Rent?
Flexibility to move, no maintenance responsibility, and deposit can be invested elsewhere.