Tools
Rent vs Buy Calculator
Compare the true cost of renting versus buying property in Cyprus over your chosen time horizon, accounting for mortgage costs, investment returns on your down payment, and property appreciation.
Your inputs
€
€
%
%
%
years
%
%
Break-even Year
Year 2
when buying becomes cheaper
Rent Total (10yr)
€192,593
cumulative rent paid
Buy Net Cost (10yr)
€36,618
after equity & opportunity cost
Year-by-year comparison
| Year | Cumulative Rent | Buy Net Cost | Home Equity | Rent vs Buy |
|---|---|---|---|---|
| Year 1 | €16,800 | €18,655 | €106,652 | Rent ahead |
| Year 2 | €34,104 | €21,994 | €123,998 | Buy ahead |
| Year 3 | €51,927 | €25,011 | €142,067 | Buy ahead |
| Year 4 | €70,285 | €27,700 | €160,888 | Buy ahead |
| Year 5 | €89,193 | €30,054 | €180,494 | Buy ahead |
| Year 6 | €108,669 | €32,069 | €200,918 | Buy ahead |
| Year 7 | €128,729 | €33,737 | €222,193 | Buy ahead |
| Year 8 | €149,391 | €35,055 | €244,355 | Buy ahead |
| Year 9 | €170,673 | €36,017 | €267,441 | Buy ahead |
| Year 10 | €192,593 | €36,618 | €291,490 | Buy ahead |