Rent or Buy Analyser

Determine which is more economical, renting or buying, based on your payments and accommodation information.
Step 1: Monthly payment if you bought $ Help
Step 2: Down payment $ Help
Step 3: Annual property taxes $ Help
Step 4: Interest rate     % Help
Step 5: Annual increase in home value Help
Step 6: Monthly rent $ Help
Step 7: Years of comparison Help

Compute Payment & Balance Summary

Information is provided for sample purposes only. Its accuracy is not guaranteed. Information should be verified and should not be relied upon as legal, financial, or other advice.
Canadian Mortgage Rates
June 29th 2022
1 year Fixed 4.09%*
2 year Fixed 4.49%*
3 year Fixed 4.59%*
4 year Fixed 4.69%*
5 year Fixed 4.69%*
5 year Variable 2.80%*
Home Equity Line 4.20%*
Download Our Mortgage App.