Rent or buy? Find out in 5 quick answers

Start with 5 quick answers. We compare the money you could have after selling with the money you could have from renting and investing. Amounts are in your country's currency. We use example rates and costs, shown with your results. They are not local quotes. Open the optional settings to replace them. Educational estimate, not financial or tax advice.

This form asks:

  • Where is the home? (required)
  • Is this your only home in Israel?
  • Where in Canada?
  • How much does the home cost? (required)
  • What would a similar home cost to rent each month? (required)
  • What percent would you pay upfront? (20 means 20%) (required)
  • How many years would you stay? (required)
  • Change the example rates and costs (optional; fill all shown values, blanks = 0)
  • Israeli mortgage classification
  • Mortgage interest rate (%)
  • Years to repay the mortgage
  • Canadian mortgage interest convention
  • Canadian mortgage insurance
  • Quoted Canadian financed mortgage-insurance premium
  • Purchase / transfer tax amount (custom local estimate)
  • Other one-time buying costs
  • Yearly owner-only property tax
  • Monthly insurance, building fees and other owner costs
  • Monthly renter insurance and other renter costs
  • Monthly US mortgage insurance
  • How many years would you pay that insurance?
  • Yearly tax savings from owning (0 if none)
  • Tax and mortgage penalties when you sell (0 if none)
  • Home price growth each year (%)
  • Investment return after fees and taxes each year (%)

and 5 more.

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