Working out whether buying a property is better off than renting
Want to work out whether buying an owner occupier property is better of than renting one?
Our rent vs buy calculator give you an estimate of the financial benefit of buying over renting.
This is a handy step when considering whether you are looking to buy your first home or get
an owner occupier property.
By entering your rental details, as well as the details of the property you may look into
purchasing, this calculator will give you an estimate of the difference between the two in
equity and net asset position.
Make sure you enter realistic figures so that you can give yourself a more accurate picture. This
can help you plan more effectively. Pair this with our borrowing power calculator to work out how
much you can borrow.
“*The calculator has been provided in good faith as a guidance tool only. Results are not financial
advice, are a guide only, and are not a guaranteed outcome or quote. Borrowers should always
discuss their individual situation with an Australian Credit Licensee or authorised Credit
Representative”