Freebies & Money Tips To Thrive
Freebies Categories
Top Picks
Dining
Finance
Entertainment
Home
Fashion
Wellness
Technology
Education
Boost Your Income
Blogs
Useful Tools
Property Calculator: Is Buying Or Renting Better
Deciding whether to buy a house or continue renting is one of the biggest financial decisions you'll make. Our interactive housing calculator helps you see which option makes better financial sense for your specific situation.
Buy vs Rent Calculator
Rent vs Buy Calculator
Comparison Period (Years)
Buying Details
House Price
£
Deposit
£
Mortgage Term (Years)
Mortgage Interest Rate (%)
ⓘ
Current annual interest rate for your mortgage
Annual House Price Growth Rate (%)
ⓘ
Expected annual growth rate of property value
Stamp Duty & Other Purchase Costs
ⓘ
Includes stamp duty, legal fees, surveys, etc.
£
Annual Maintenance & Repair Costs
ⓘ
Estimated annual costs for maintaining the property
£
Annual Home Insurance
ⓘ
Annual cost of buildings insurance
£
Annual Service Charges/Ground Rent (if applicable)
ⓘ
For leasehold properties only
£
Selling Costs (at end of period)
ⓘ
Estate agent fees, legal costs if selling at end of comparison period
£
Renting Details
Monthly Rent
£
Annual Rent Increase (%)
ⓘ
Expected annual increase in rent costs
Rental Deposit
£
Annual Contents Insurance
£
Monthly Savings (while renting)
ⓘ
Money saved monthly that would have gone towards a deposit
£
Investment Return Rate (%)
ⓘ
Expected annual return on deposit and savings when renting
Calculate
Comparison Results
Year
Buying Costs
Buying Equity
Buying Net Position
Renting Costs
Renting Savings
Renting Net Position
Difference
