Compare two paths to a place of your own.
Explore housing costs and net-worth assumptions on the same timeline.
Make a plan
Is it better to rent or buy?
A useful detail
This model keeps the selected rates constant. Default values are fictional assumptions, not offers or live rates. Read every warning and confirm location, timing, contract terms and any eligibility conditions against the official sources below. No lender decision or recommendation is made.
- Assumes property tax 0.7% and maintenance 1% of value a year, 5% selling costs; adjust on BuyVsRent.ca for local rules.
Keep the method beside the result.
Worksheet: Rent vs buy calculator. Rule set recorded 2024-12-15. Interest, fees, eligibility constraints and local rules vary. These references explain the model’s boundaries; they do not establish that an input matches your situation.
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