Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $520.0k | $1.7k/mo |
| Price-to-Rent Ratio | 25.5years of rent | |
| Monthly Payment | $2.6kat 6.5%, 20% down | $1.7k |
| Break-Even Horizon | 1 year | |
| Est. Buy-to-Let ROI | 3.9% | |
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
$2,629
Home Value After 10 Years
$698,855
Break-Even
1 year
Cost Comparison After 10 Years
Total Cost (Buy)$73,363
Total Cost (Rent)$203,880
Net Difference+$130,517
Buying is cheaper by $130,517 over this period.
Top Sale Listings in Drammen
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Score 66.5$708/m²
Dialog Eiendomsmegling AS avd Drammen Kongsfoss Pensjonat Strandgata 5, Åmot 1 072 m² 5 500 000 kr Totalpris: 5 501 090 kr ∙ Selveier ∙ Andre, Kombina
$51,000 · 72 m² · 2 rooms
Score 65.9$1,335/m²
EiendomsMegler 1 Dahl Drammen Åskollen - Hel tomannsbolig med to enheter - Renoveringsobjekt - Stor og solrik tomt - Fjordutsikt, hage og garasje
$428,400 · 321 m² · 5 rooms
Top Rent Listings in Drammen
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Market Context
Sale Listings1,483
Rent Listings401
Avg Sale $/m²$5,168/m²
Avg Rent $/m²$28/m²
This is an estimate. Consult a financial advisor before making any real estate decision.
