Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $170.2k | $500/mo |
| Price-to-Rent Ratio | 28.4years of rent | |
| Monthly Payment | $861at 6.5%, 20% down | $500 |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.5% | |
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
$861
Home Value After 10 Years
$228,712
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$24,009
Total Cost (Rent)$60,000
Net Difference+$35,991
Buying is cheaper by $35,991 over this period.
Market Context
Sale Listings27
Rent Listings30
Avg Sale $/m²$2,146/m²
Avg Rent $/m²$12/m²
This is an estimate. Consult a financial advisor before making any real estate decision.