Buy vs rent scenarios
Each scenario pre-fills the calculator with one change, such as higher rates or a price correction, so you can see how sensitive the buy vs rent answer is.
Buy vs rent with 5% down: a first-time buyer case
Buying finishes ahead by about $18,249 after 10 years.
20% down, ten yearsBuy vs rent with 20% down over ten years
Buying finishes ahead by about $41,686 after 10 years.
Five-year stayBuy vs rent over five years: the short-stay test
Renting finishes ahead by about $4 after 5 years.
Seven-year stayBuy vs rent over seven years
Buying finishes ahead by about $11,268 after 7 years.
Fifteen-year stayBuy vs rent over fifteen years
Buying finishes ahead by about $91,982 after 15 years.
Full amortizationBuy vs rent over a full 25-year mortgage
Buying finishes ahead by about $221,716 after 25 years.
Rates at 6.5%Buy vs rent when mortgage rates are high
Renting finishes ahead by about $69,616 after 10 years.
Rates at 3.5%Buy vs rent when mortgage rates are low
Buying finishes ahead by about $95,323 after 10 years.
4.5% now, 7% at renewalBuy vs rent when the rate jumps at renewal
Renting finishes ahead by about $13,200 after 10 years.
Correction then recoveryBuy vs rent if home prices fall first
Renting finishes ahead by about $88,723 after 10 years.
0% price growthBuy vs rent if home prices stay flat
Renting finishes ahead by about $174,013 after 10 years.
6% price growthBuy vs rent when home prices grow quickly
Buying finishes ahead by about $243,374 after 10 years.
4% inflationBuy vs rent in a high-inflation world
Buying finishes ahead by about $123,619 after 10 years.
8% investment returnBuy vs rent when investments return 8%
Renting finishes ahead by about $44,440 after 10 years.
3% investment returnBuy vs rent when investments return 3%
Buying finishes ahead by about $112,970 after 10 years.
Condo, $550 feesBuy vs rent for a condo with high fees
Buying finishes ahead by about $18,006 after 10 years.
Suite rents for $1,400Buy vs rent for a house with a rental suite
Buying finishes ahead by about $221,534 after 10 years.
Rent growth 2%Buy vs rent when rent growth is capped at 2%
Buying finishes ahead by about $24,899 after 10 years.
Moves every 3 yearsBuy vs rent when the renter moves every three years
Buying finishes ahead by about $52,138 after 10 years.
Tax drag of 20%Buy vs rent when the renter invests in a taxable account
Buying finishes ahead by about $74,727 after 10 years.
Ontario, $850,000 homeBuy vs rent in Ontario with land transfer tax
Renting finishes ahead by about $46,843 after 10 years.
BC, $950,000 homeBuy vs rent in British Columbia with property transfer tax
Buying finishes ahead by about $7,240 after 10 years.