What are you looking to calculate?

A.Minimum Income Needed for
Desired Mortgage Amount B.Maximum Financing and
Property Value Eligibility C.Monthly Payment Schedule
with Prepayments D.Rent vs. Buy Scenario

Please fill in the inputs to find out which option will benefit you the most

Renting Case

Monthly Rent
Annual Rent Increase %
Annual Tenant Insurance
Investment Growth Rate
%

Owning Case

House Purchase Price
Down Payment
%
Annual Amortization
Years
Profit Rate
%
Annual Home Insurance
Annual Maintenance Fees
Land Transfer Tax
Annual Property tax
Annual House Appreciation
%
Lawyer and Inspection Fee
Inflation Rate
%
Cost of Selling
%
Home Inspection
Downpayment
Cost of Buying
Total Cost

Quick Tip

this includes your down payment, land transfer tax, lawyer fees and home inspection fees

Lawyer estimates are $4000 for ON & BC and $2000 for remaining provinces

Quick Tip

Down payment to be invested

Conclusion