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Tired of paying rent? Find out how much you can save by co-owning
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Use this handy calculator to compare the costs of renting vs potential home co-ownership.
Renting
Average Rent Paid ($/wk)
*
$
Average Rent Paid ($/wk) *
Expected years renting
*
Expected years renting *
Co-Owning
Total Amount Borrowed ($)
*
$
Total Amount Borrowed ($) *
Total Deposit ($)
*
$
Total Deposit ($) *
# of co-owners
*
# of co-owners *
Duration of Loan (months)
*
Duration of Loan (months) *
Average Interest Rate over loan period (%)
*
%
Average Interest Rate over loan period (%) *
Asset Appreciation (%)
*
%
Asset Appreciation (%) *
Years before selling
*
Years before selling *
Calculate
Compare the financial cost of renting vs co-owning