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Buy vs Rent

The math everyone gets wrong. Compare net worth in 10 years across both paths.

Buy scenario

$
$200,000$4,000,000
$
$32,500$325,000
%
110
%/yr
08

Rent scenario

$
$500$20,000
%/yr
112
yrs
330
Assumptions (tap to adjust)
yrs
1030
%/yr
0.42
%/yr
0.253
%/yr
06
$
$0$150,000
%
08

Buying costs cover land transfer tax, legal, and inspection (the renter invests this cash instead). Selling costs cover realtor commission + legal when you cash out. Under 20% down, the CMHC premium is added to the loan automatically.

rent wins

over 10 years, by about $54,471 in net worth

How long until buying wins?

Renting stays ahead for the entire 30-year window at these inputs - if you're not staying long, renting and investing the difference is the math winner.

Buying

Net worth after 10 yrs

$484,138

Avg monthly

$4,101

Total spent

$637,103

Winner

Renting + investing

Net worth after 10 yrs

$538,609

Avg monthly

$2,719

Total spent

$326,338

Net worth over time

Hover to compare your net worth under each path, year by year.

Year 1Year 10
Buy (equity) Rent (investments)
Things this model doesn't price in: closing costs, land transfer tax, insurance, the value of "moving freely" as a renter, the value of "pride of ownership" and stability as an owner, and your specific local market dynamics.