Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $327.9k | $3.8k/mo |
| Price-to-Rent Ratio | 7.2 | |
Interactive calculator comparing renting and buying in Colchester, United Kingdom.
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $327.9k | $3.8k/mo |
| Price-to-Rent Ratio | 7.2 | |
| Monthly Payment | $1.7kat 6.5%, 20% down | $3.8k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 13.9% | |
Adjust the numbers to match your situation and see how buying compares to renting over time.
Monthly Mortgage
$1,658
Home Value After 10 Years
$440,731
Break-Even
1 year
Buying is cheaper by $409,614 over this period.
This is an estimate. Consult a financial advisor before making any real estate decision.
$198,000 · 85 m² · 3 rooms
$7,886 · 85 m² · 3 rooms