Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $640.5k | $2.7k/mo |
| Price-to-Rent Ratio | 20.0years of rent | |
| Monthly Payment | $3.2kat 6.5%, 20% down | $2.7k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 5.0% | |
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
$3,239
Home Value After 10 Years
$860,842
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$90,367
Total Cost (Rent)$320,400
Net Difference+$230,033
Buying is cheaper by $230,033 over this period.
Market Context
Sale Listings20
Rent Listings12
Avg Sale $/m²$4,250/m²
Avg Rent $/m²$18/m²
This is an estimate. Consult a financial advisor before making any real estate decision.