Rent vs Buy Calculator
Compare the long-term cost of renting against buying the same home, including growth, costs and what your deposit could earn instead.
Assumes the renter invests their deposit, upfront costs and any amount by which owning costs more than renting, earning the return shown. Ignores tax on investment earnings and capital gains tax exemption on a home. Highly sensitive to growth assumptions.
| Year | Buy – home equity | Rent – investment balance |
|---|---|---|
| Year 2 | $226,696 | $247,470 |
| Year 4 | $310,319 | $305,140 |
| Year 6 | $401,516 | $365,005 |
| Year 8 | $501,000 | $427,042 |
| Year 10 | $609,552 | $491,210 |
This calculator provides general estimates only, based on the information you enter and the assumptions shown. It does not take into account your personal circumstances and is not an offer of credit. Lender policies, rates and fees vary. Speak to Start Finance for a personalised assessment.
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