Formula & method
Net ownership cost = down payment + mortgage payments + buying costs − estimated equity
This simplified comparison includes mortgage payments, estimated property equity, 2% buying costs and 2% annual rent growth. It excludes maintenance, taxes, selling costs and investment returns.
Assumptions
- Inputs remain in your browser and are not saved.
- Rates are converted to the payment frequency shown.
- Results are rounded for display; internal calculations retain precision.
Example calculation
Example
A longer stay often improves buying economics because transaction costs are spread over more years.
Important
Educational estimates only — not financial, tax or legal advice.