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Rent vs Buy Calculator

Compare renting versus buying over time. Models appreciation, rent increases, investment returns, ownership costs, and shows your break-even year.

Start calculating
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  • Instant results
  • Restores your last inputs

1. Enter your numbers

Start with the assumptions you know.

2. Adjust the scenario

Change one input to see what matters.

3. Review the result

Use the estimate to compare and prepare.

If you buy
$
$
%
$
$
$
$
$
%
%
If you rent
$
$
%
%
Which comes out ahead

Net worth advantage

$77,158

Buying is ahead by $77,158 after 10 years

Break-even year

Year 6

When buying overtakes renting and investing

Monthly mortgage payment
$3,418
Total monthly cost of owning
$4,218
Monthly rent today
$2,830
Home value in year 10
$1,007,937
Renter's portfolio
$440,716

Estimates only. Figures are for planning purposes and are not financial, tax, or legal advice. Confirm all numbers with your lender, lawyer, and accountant.

Net worth over time

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About this rent vs buy calculator

Use this free Canadian real estate calculator to explore scenarios before speaking with a lender, REALTOR®, lawyer, accountant, or other qualified professional. Results are estimates and should not replace professional advice.