Mortgage · Canada
Rent vs buy.
Project the total cost of renting against owning over your time horizon, factoring in equity, appreciation, and the rent you would have paid.
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Comparison
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How this comparison works
The model totals what you'd pay over the time horizon when renting (rent + assumed 0% return on the down payment held in cash) versus owning (mortgage payments, property tax, maintenance, less the home equity and appreciation gained). The numbers ignore taxes and closing costs; use them as a directional guide, not a definitive answer.
Disclaimer
Estimates for educational purposes only. Real outcomes depend on local market, taxes, investment returns, and personal lifestyle factors.