Buy vs Rent Calculator

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Deciding whether to buy a home or continue renting is rarely straightforward. This calculator helps you compare the long-term financial outcomes of both options by considering multiple factors: property appreciation, mortgage terms, maintenance costs, investment returns, and more. Enter your specific details below to see which choice might be better for your financial future.

Inputs
Results

Property Purchase Details

Ongoing Housing Expenses

Rental Details

General Parameters

Buying Scenario

Financed Amount ⓘ The amount borrowed from the lender. Calculated as the house price minus your down payment.
€240,000
Monthly Mortgage Payment ⓘ Your regular monthly payment to the lender. Calculated based on the financed amount, interest rate, and mortgage length.
€1,078
Annual Housing Expenses ⓘ Yearly costs beyond the mortgage payment. Includes maintenance, insurance, property taxes, and administration fees.
€5,400
Total Monthly Housing Expenses ⓘ The complete monthly cost of homeownership. Combines the mortgage payment with a monthly portion of the annual housing expenses.
€1,528
Total Mortgage Paid ⓘ The total amount paid toward the mortgage during your stay. Calculated as the monthly payment multiplied by the number of months (limited by mortgage length).
€129,360
Total Housing Expenses ⓘ The sum of all non-mortgage housing costs over your stay period, adjusted for inflation.
€59,400
House Future Value ⓘ The estimated value of your property at the end of your stay. Calculated using the home appreciation rate over the stay period.
€488,668
Total Housing Expenditure ⓘ The total amount spent on housing during your stay. Includes down payment, buying costs, mortgage payments, housing expenses, and selling costs.
€263,760
Net Result After Stay Period ⓘ Your financial position at the end of your stay if you buy. Includes the house value minus remaining mortgage, selling costs, initial investment, plus any investment returns from monthly savings.
€0

Renting Scenario

Initial Monthly Rent ⓘ The starting monthly rent payment for a comparable property.
€1,200
Total Rent Deposits ⓘ The security deposit paid at the beginning of your rental. Calculated as the initial monthly rent multiplied by the number of deposits.
€2,400
Final Monthly Rent ⓘ The estimated monthly rent at the end of your stay period. Calculated using the rent increase rate over the stay period.
€1,463
Total Rent Paid ⓘ The total amount paid in rent over your stay period, accounting for annual rent increases.
€159,159
Future Value of Initial Investment ⓘ The potential value of the down payment and buying costs if invested in the market instead of buying property. Calculated using the investment return rate over the stay period.
€0
Net Result After Stay Period ⓘ Your financial position at the end of your stay if you rent. Includes the future value of your initial investment, minus total rent paid, plus security deposits returned, and any investment returns from monthly savings.
€0

Buy vs Rent Comparison ⓘ The final comparison between buying and renting based on the net financial outcome after your stay period.

Buying is better by €65,749
After 10 years, buying this property would leave you financially better off compared to renting, considering all costs and the potential appreciation of the property.

Net Result comparison ⓘ This chart visualizes how the net worth for buying and renting changes over time, helping you identify the crossover point where one option becomes better than the other.