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 $ Step 2: Down payment $ Step 3: Annual property taxes $ Step 4: Interest rate % Step 5: Annual increase in home value CHOOSE 0% 1% 2% 3% 4% 5% 6% Step 6: Monthly rent $ Step 7: Years of comparison CHOOSE 1 Year 2 Years 3 Years 4 Years 5 Years 6 Years 7 Years 8 Years 9 Years 10 Years 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 March 30th 2023 1 year Fixed 5.99%* 2 year Fixed 5.74%* 3 year Fixed 5.14%* 4 year Fixed 5.24%* 5 year Fixed 4.99%* 5 year Variable 5.80%* Home Equity Line 7.20%* Download Our Mortgage App.