Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.61M | $3.5k/mo |
| Price-to-Rent Ratio | 38.2years of rent | |
| Monthly Payment | $8.2kat 6.5%, 20% down | $3.5k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 2.6% | |
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
$8,154
Home Value After 10 Years
$2,167,065
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$227,488
Total Cost (Rent)$422,520
Net Difference+$195,032
Buying is cheaper by $195,032 over this period.
Market Context
Sale Listings1
Rent Listings18
Avg Sale $/m²$16,797/m²
Avg Rent $/m²$34/m²
This is an estimate. Consult a financial advisor before making any real estate decision.