Should you rent or buy a property? . In these days of high rents especially in the many cities its wise to look at buying a home. However its not for everyone and sometimes the cost of buying, maintaining a property does not make financial sense.
Use or Rent or buy calculator to help you make a decision based purely on the numbers.
Help & Instructions will appear in cells to the right of fields once you click in or tab into the fields.
Renting Costs
Initial costs include the rent security deposit and, if applicable, the letting agents fees and any tenant referencing costs.
Recurring costs include the monthly rent and the cost of renter’s insurance.