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Plan your purchase with precision. Estimate your monthly carrying costs, closing costs, and navigate land transfer taxes instantly.
Using baseline default rent · Search a property for real estimates
Should you buy this property or rent and invest the difference?
How it works: Instead of using your $160,000 as a down payment, what if you invested it in the stock market and continued renting? Each month, the difference between your buy costs and rent is also invested.
Resulting in a higher net position of $87,588.
| Home Appr. → | |||
|---|---|---|---|
| 3.0% | 5.0% | 7.0% | |
| 8.5% | Rent$173,653 | Buy$31,531 | Buy$275,076 |
| 10.5% | Rent$292,772 | Rent$87,588 | Buy$155,957 |
| 12.5% | Rent$435,418 | Rent$230,233 | Buy$13,311 |
* This analysis uses simplified assumptions. S&P 500 historical data sourced from S&P Dow Jones Indices and NYU Stern (Damodaran). Canadian housing data from CREA, TRREB, and Re/Max Canada reports. Actual returns depend on market conditions, tax implications (capital gains on investments vs. principal residence exemption), transaction costs, and personal circumstances. Past performance does not guarantee future results.