Rent vs Buy Calculator

Buying builds equity; renting frees up money to invest. Compare where your net worth ends up under each, assuming whoever spends less each month invests the difference.

Buying
Renting
Net worth if you buy
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Net worth if you rent
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Rental yield
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rent ÷ price
Buyer's net worth = home value (minus 2% selling costs) − loan outstanding + any savings they invested. Renter's = investments built from the down payment, stamp duty and monthly savings. Ignores tax effects. Owning also brings stability and freedom to modify your home; renting brings flexibility. Neither shows up in a spreadsheet.