Rent vs buy calculator (Canada)

Compare renting and owning with transparent assumptions and a clear break-even estimate.

This is an estimate. Results depend on assumptions about rates, price growth, and rent growth.

Home & mortgage

Home price (CAD)

Mortgage amount input

Home price + down payment I know my mortgage amount

Down payment

Amount (CAD) Percent (%)

Mortgage amount: —

Mortgage rate (%)

Amortization years

Term years

Property tax

Annual amount (CAD) Percent of home value

Maintenance (% of home value)

Home insurance (annual CAD)

Condo fees (monthly CAD)

Current monthly rent (CAD)

Rent growth (% annual)

Home price growth (% annual)

Selling costs (% of sale price)

Investment return (% annual)

Time horizon (years)

Include opportunity cost of down payment

Break-even year

Monthly cashflow difference (today)

Net worth difference at horizon

Buying

Renting

Results are sensitive to rate and growth assumptions.

Results are estimates for informational purposes only.