Rent vs Buy Calculator (Canada)

Compare the financial implications of renting versus buying a home in Canada with our comprehensive calculator

Province i

City i

Home Price ($) i

Down Payment ($) i

Mortgage Rate (%) i

Amortization (Years) i

Monthly Rent ($) i

Time Horizon (Years) i

Rent Inflation (%) i

Home Appreciation (%) i

Investment Return (%) i

Marginal Tax Rate (%) i

First-Time Home Buyer i

Yes, I'm a first-time home buyer

Apply Stress Test i

Apply mortgage stress test

Property 1

Property 2

Property Type

Home Price ($)

Down Payment ($)

Rent vs Buy Analysis

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Total Cost of Renting

💰

Total Cost of Buying

📈

Net Worth Difference

Cost Breakdown

Renting Costs

Total Rent Paid -

Renter's Insurance -

Total Renting Cost -

Buying Costs

Down Payment -

Mortgage Payments -

Property Tax -

Home Insurance -

Maintenance -

Utilities -

Total Buying Cost -

Break-Even Analysis

Enter values to calculate when buying becomes cheaper than renting

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