Rent vs Buy Calculator
Compare the full cost of renting vs buying a home over your expected stay. Includes mortgage interest, property tax, maintenance, home appreciation, and the opportunity cost of your down payment invested instead.
01 —INPUTS
02 —RESULTS
Rent vs Buy Comparison
Buying
Total cost over 10 years: $472,650
Final equity: $374,253
Net position: -$98,397
Renting
Total rent over 10 years: $295,770
Invested balance: $362,334
Net position: $66,565
Renting wins by $164,962
Related Calculators
Land transfer tax
LTT/PTT by province including first-time buyer rebates
Principal residence exemption
PRE on sale of your home including partial years
Deemed disposition at death
Final-return capital gains + RRSP inclusion + probate with spousal rollover comparison
All calculators
Browse all Canadian tax and property calculators