Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $416.6k | $1.7k/mo |
| Price-to-Rent Ratio | 21.0 | |
Interactive calculator comparing renting and buying in Colchester, United Kingdom.
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $416.6k | $1.7k/mo |
| Price-to-Rent Ratio | 21.0 | |
| Monthly Payment | $2.1kat 6.5%, 20% down | $1.7k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.8% | |
Adjust the numbers to match your situation and see how buying compares to renting over time.
Monthly Mortgage
$2,107
Home Value After 10 Years
$559,880
Break-Even
1 year
Buying is cheaper by $139,947 over this period.
This is an estimate. Consult a financial advisor before making any real estate decision.
$93,800 · 85 m² · 3 rooms
$1,474 · 85 m² · 3 rooms
