FIRE

Rent or buy

This calculator allows you to compare the costs of renting and buying a house. You can adjust the expected return rate, the number of mortgage years.

Simulate years

15

Inflation

3.00%

House market appreciation

1.00%

Stock market returns

5.00%

Rent

Unrecoverable costs

Initial renting costs (e.g: real estate intermediary)

€0.00

Rent

€1,200.00

Buy

Price of the house

€245,000.00
Unrecoverable costs

Initial purchasing costs (e.g: notary, taxes)

€0.00

Yearly maintenance costs

€2,450.00

Additional yearly taxes and fees

€1,200.00
Mortgage

Down payment

€125,000.00

Rate

2.50%

Your monthly payment is: €800.15

Payment + costs: €1,104.31

Rent is €1,200.00 and mortgage is €1,104.31. Renting is higher than buying. You will save a total of €95.69 per month by buying. You will save €17,223.53 in total by buying.

Unrecoverable costs due to rent after 15 years

-€267,824.36

Unrecoverable costs due to other fees

-€0.00

Initially invested amount

-€125,000.00

Total additional invested amount after 15 years

-€0.00

Total value of portfolio after 15 years

+€264,212.99

Grand total

-€128,611.37

Additional Info

Cost of living after 15 years: €1,869.56

Total of unrecoverable costs after 15 years

-€91,912.50

Initial house expense

-€245,000.00

Total invested amount after 15 years

-€17,223.53

Value of house after 15 years

+€284,437.39

Total value of portfolio after 15 years

+€25,575.89

Grand total

-€44,122.76

Additional Info

Total maintenance costs after 15 years: €45,567.34

Total additional fees after 15 years: €22,318.70

Total interests paid after 15 years: €24,026.47

Maintenance costs adjusted for inflation after 15 years: €3,817.02

Additional fees adjusted for inflation after 15 years: €1,869.56

Cost of living after 15 years: €473.88

Rent grand total / Buy grand total as downpayment functions. (grandTotal = f(downpayment))

Rent over time

House price over time