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Mortgage vs Rent Calculator
How to Use
Enter monthly rent, an equivalent property price, mortgage rate, and term to compare the long-term financial outcome of buying versus renting. Buying builds equity over time but involves upfront costs and illiquidity; renting offers flexibility but the payments build no asset. This calculator helps you quantify the trade-off based on your own numbers.
Frequently Asked Questions
❓ Frequently Asked Questions
Depends on deposit size, local property prices, and the rental market. Use this with your local figures.