Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.23M | $1.8k/mo |
| Price-to-Rent Ratio | 56.5years of rent | |
| Monthly Payment | $6.2kat 6.5%, 20% down | $1.8k |
| Break-Even Horizon | 7 years | |
| Est. Buy-to-Let ROI | 1.8% | |
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
$6,205
Home Value After 10 Years
$1,649,027
Break-Even
7 years
Cost Comparison After 10 Years
Total Cost (Buy)$173,107
Total Cost (Rent)$217,200
Net Difference+$44,093
Buying is cheaper by $44,093 over this period.
Market Context
Sale Listings7
Rent Listings23
Avg Sale $/m²$9,398/m²
Avg Rent $/m²$31/m²
This is an estimate. Consult a financial advisor before making any real estate decision.