Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $271.0k | $1.0k/mo |
| Price-to-Rent Ratio | 22.5years of rent | |
| Monthly Payment | $1.4kat 6.5%, 20% down | $1.0k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 4.4% | |
Interactive Calculator
Adjust the numbers to match your situation and see how buying compares to renting over time.
Buy is better
10 years
Monthly Mortgage
$1,370
Home Value After 10 Years
$364,224
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$38,235
Total Cost (Rent)$120,360
Net Difference+$82,125
Buying is cheaper by $82,125 over this period.
Top Sale Listings in Lormont
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Market Context
Sale Listings265
Rent Listings39
Avg Sale $/m²$3,277/m²
Avg Rent $/m²$19/m²
This is an estimate. Consult a financial advisor before making any real estate decision.