Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $920.4k | $2.0k/mo |
| Price-to-Rent Ratio | 38.2years of rent | |
Interactive calculator comparing renting and buying in Heraklion, Greece.
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $920.4k | $2.0k/mo |
| Price-to-Rent Ratio | 38.2years of rent | |
| Monthly Payment | $4.7kat 6.5%, 20% down | $2.0k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.6% | |
Adjust the numbers to match your situation and see how buying compares to renting over time.
Monthly Mortgage
$4,654
Home Value After 10 Years
$1,236,985
Break-Even
1 year
Buying is cheaper by $110,987 over this period.
This is an estimate. Consult a financial advisor before making any real estate decision.
$436,800 · 370 m² · 10 rooms
$1,792 · 182 m² · 6 rooms