Rent vs buy
Rent and invest the difference, or buy?
Compare two paths over the same period: renting and investing your deposit plus any monthly savings, versus buying and building equity. We show estimated net position for each.
Results
Rent — estimated wealth (invested savings)
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Buy — estimated equity
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This is an estimate only, not personal advice. Omission of data or unique variable will have a considerable influence on outcomes. Consider speaking to a licensed adviser for a plan tailored to you where personal variables will be confirmed by supporting documents specific to your preferences and circumstances
What to do next
We have not included stamp duty, LMI, or one-off buying costs. Outcomes depend on rent and property growth. Consider your lifestyle and job stability.
Information is intended to be only used as a guide. We highly recommend you seek professional advice from licensed professionals. Omission of detail may make scenarios and opportunities not suitable for your specific circumstances.