Rent or buy?
Put the cost of buying and renting the same flat side by side, year by year. Our model suggests the rent and you can change it; every other assumption is shown and adjustable.
Assumptions (% a year)
Default 0: we do not forecast. Price and rent growth in % a year; deposit rate is the yearly % the down payment would earn in a bank.
Enter the price and the monthly rent and the comparison appears at once.
We can check whether you can carry this payment. Enter your budget
Total paid by each year (thousand ₼).
How it is calculated
Cost of buying: interest paid and what the down payment would have earned on deposit; the flat's price growth is subtracted. Principal repaid becomes your equity, not a cost, so it is left out.
Cost of renting: rent paid over the horizon, with annual rent growth.
Result: which option is cheaper in the year you chose, by how much, and from which year buying overtakes renting. Price growth and the deposit rate default to 0: we do not forecast, you enter your own expectation.