Should I rent or buy ?  
 

This calculator compares the cost of renting versus the real cost of buying a home.

  
Rental Information    
  Weekly rent  
  Average increase in rent per annum  
     
Purchase Information    
  Home price  
  Deposit  
  Interest rate  
  Loan Term (in years)  
  Costs in buying  
     
Home Information    
  Annual Council & Water rates  
  Average monthly maintenance  
  Monthly homeowner's insurance  
  How much will your home appreciate each year?  
  Other monthly costs  
(Strata levies, etc...)    
     
Sale Information    
  Real estate agent commission  
  Costs for selling (Solicitor etc)  
     
  Amount of rent paid   
     
  Amount of home loan interest paid  
     
  Amount of home ownership costs over period  
       
  Estimated future value of home