Key Metrics Comparison
| Metric | Buy | Rent |
|---|---|---|
| Avg Price | $1.66M | $2.2k/mo |
| Price-to-Rent Ratio | 62.4years of rent | |
| Monthly Payment | $8.4kat 6.5%, 20% down | $2.2k |
| Break-Even Horizon | 8 years | |
| Est. Buy-to-Let ROI | 1.6% | |
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
$8,412
Home Value After 10 Years
$2,235,780
Break-Even
8 years
Cost Comparison After 10 Years
Total Cost (Buy)$234,701
Total Cost (Rent)$266,640
Net Difference+$31,939
Buying is cheaper by $31,939 over this period.
Market Context
Sale Listings10
Rent Listings65
Avg Sale $/m²$11,938/m²
Avg Rent $/m²$26/m²
This is an estimate. Consult a financial advisor before making any real estate decision.