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Buy a Home or Rent and Save?

We are all confronted at one point in your life between renting a place and buying a house. There are many advantages and disadvantages for both parts; some of the arguments are qualitative and others quantitative. Many people dream to become home owners and this is taking a huge place in the decision, but as for quantitative arguments, Credit Finance + give you the correct tools.

« Read the rest of the introduction to this calculator

Please change the suggested values with your own in the blue text boxes.

Help with our calculators

 
years

Buy a home

 
 
%
 
$  
 
years
 
%
 
$  
 
 
 
per year
 
per year
 
per year
per year
 
$
 
 
$
 
%
$
 
 
 
$ $ $

Rent and save

 
years
 
%
 
 
 
%

Results

Buying Renting
Non invested cash
$ $
Amount disbursed
$ $
Total gain
$ $
Net profit / loss
$ $
Rate of return
% %
 
 

To learn more about this chart, please read the equity chart section in our introduction.

Equity Chart

Numbers in our calculators are rounded to two decimals.
The same calculations made in an Excel spreadsheet may differ slightly.

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