Decision Studio
Buy or rent?
Compare the costs today and the wealth you could build over time.
Labels only; no FX conversion or regional presets. Enter amounts in this currency.
Your scenario · year 10 · CAD
Buying leads by $126,190.
Estimated wealth after 10 years, assuming the home is sold and housing savings are invested. Your assumptions determine the result.
Buy · net worth
$314,690
Rent · investments
$188,501
Cash needed to buy
$150,000
Down payment + closing costs + move
First-year cash outflow gap
$153,850
Buying needs more cash; includes upfront costs
First buying lead
Year 1
First year-end ahead; can reverse
Your yearly projection
Years 1–10 · CAD · future dollars
Buy: home equity plus investments, less selling costs. Rent: investments from starting cash and housing savings.
See first-year cost breakdown
Buying · year 1
Renting · year 1
Moving costs are charged in the actual move year, not spread across every year. Recurring budgets and future moving prices rise at their respective inflation percentages.
When does owning make financial sense?
Break-even net worth at the end of year 10. Change one input at a time; hold all others fixed.
Starting monthly rent
$1,948
Above this starting rent, buying has higher projected net worth. Below it, renting leads. Your rent inflation and moving schedule still apply.
Starting mortgage interest rate
6.74%
Below this rate, buying has higher projected net worth. Above it, renting leads. Your entered future renewal rates stay fixed while only the starting rate changes.
Try examples around these thresholds
These thresholds answer which path ends with more wealth, not whether you can afford the payments. They depend on your expense budgets, inflation percentages, future mortgage rates, growth assumptions and time in the house. Values are rounded for display.