Rent or Buy Analyzer

Compare your net worth after N years if you buy — including selling costs and CMHC insurance — versus renting and investing the difference.

Fields marked * are required for an accurate result.

Home price*

CAD

Down payment*

CAD

Interest rate*

Amortization*

yrs

Property tax (yr)*

CAD

Maintenance (yr)*

CAD

Home insurance (yr)*

CAD

Home appreciation*

%/yr

Monthly rent*

CAD

Tenant insurance (yr)*

CAD

Rent increase*

%/yr

Ontario 2026 guideline: 2.5%

Investment return*

%/yr

Selling costs*

% of value

Commission + legal

Years compared*

years

BUYING WINS

$42,342

Net worth buying (after 5 yrs)$275,353

Net worth renting (after 5 yrs)$233,011

Monthly cost of owning$4,070.47

Total rent paid$195,535

Mortgage interest paid$130,792

Projected home value$811,492

Mortgage balance remaining$495,564

Results are estimates for illustration only and are not an approval or an offer of credit. Calculations use Canadian mortgage conventions (interest compounded semi-annually, not in advance), current CMHC default insurance premium bands, and the OSFI minimum qualifying rate. Actual figures depend on lender policy, property details and credit review. Lijo Abraham — Mortgage Agent Level 1, Pegasus Mortgages (FSRA licensed).