Rent vs Buy Calculator 15-Year Analysis

Buying Scenario

Renting Scenario

Analysis Results

Deposit Required
$130,000
Loan Amount
$520,000
Monthly Payment
$3,098
Buying
Cash Outflow:
  • One-offs: $32,500
  • Ongoing: $150,000
  • Mortgage: $557,574
Benefits:
  • Principal repaid: $151,506
  • Capital growth: $104,630
Net Cost: $483,938
Renting
Cash Outflow:
  • Total rent: $602,025
Benefits:
  • Savings interest: $58,279
Net Cost: $543,746
Recommendation

Buying is ahead by $59,808 (lower net cost).

Disclaimer: These figures are indicative only. Actual costs may vary based on individual circumstances, lender policies, and market conditions. Stamp duty varies by state - adjust "one-off costs" accordingly.