Calculators
    Rent vs Buy

    Will buying beat renting for you?

    A wealth-vs-wealth comparison: the equity you’d build owning, against renting and investing the difference. Principal repayments count as savings, so it’s apples to apples.

    Important — please read before using this tool

    This calculator provides general information and estimates only. It is not financial, legal, or tax advice and does not take your personal circumstances into account. Results depend entirely on the figures and assumptions you enter and may differ from real-world outcomes.

    Before acting, confirm with a licensed professional (e.g. mortgage broker, accountant, or financial adviser) and the relevant government body. Havenli accepts no liability for decisions made based on these estimates.

    Your situation

    Buyer type
    Property type
    Region
    Property price$850,000
    Deposit$170,000 · 20%
    Holding period7 years

    Buying — your costs

    Interest rate6.20%
    Capital growth (p.a.)4.0%
    Council rates + water (p.a.)$3,200
    Building insurance (p.a.)$1,800
    Energy (p.a.)$2,000
    Owners corp / strata (p.a.)$0

    Renting — your costs

    Weekly rent$600/wk
    Rent growth (p.a.)4.0%
    Return on invested savings (p.a.)7.0%

    Net worth over time

    Buy (equity if sold) Rent + invest the difference

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    Go deeper

    Your buying costs above already assume first-home-buyer concessions — these tools show exactly which schemes apply and what you could borrow.