Rent vs Buy Calculator
Compare the long-term cost of renting versus buying a home.
Rent vs Buy Calculator
Compares total housing costs including equity built from property growth.
Your estimate
Recommendation
Buying may cost less over this period
Total rent cost
R 2 264 021
Net cost of buying
Total paid minus equity built
R 1 510 395
Equity built
R 1 993 965
Monthly bond payment
R 23 995
Renting vs buying: which makes financial sense?
The rent vs buy decision depends on property prices, rental costs, interest rates, how long you plan to stay, and expected capital growth. Buying builds equity but carries transaction costs and maintenance.
Renting offers flexibility and avoids large upfront costs, but rent typically increases over time and you do not benefit from property appreciation.
This calculator compares total housing costs over your chosen period. It is a starting point — personal circumstances and lifestyle preferences matter too.
Frequently asked questions
How long should I plan to stay before buying?+
Transaction costs mean buying often only makes sense if you stay at least 5–7 years. Shorter periods favour renting.
Should I include property growth in the comparison?+
Yes, for a complete picture. Property values can rise or fall, and growth assumptions significantly affect long-term outcomes.
What about maintenance when renting?+
Landlords typically cover major maintenance when renting. Homeowners should budget 1–2% of property value annually for upkeep.
Related calculators
Explore other tools that may help with your decision.
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Estimate SARS transfer duty on your property purchase based on current brackets.
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Work out monthly home loan repayments, total interest, and amortisation.
Open calculatorAffordability Calculator
See how much property you can afford based on income and existing debt.
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