Buy vs Rent Calculator

Adjust inputs below — results update instantly.

Quick scenarios:

Apartment price ? 350 000 €

Down payment ? 35 000 € (10%)

Loan amount: 315 000 €

Interest rate / yr ? 3.0%

Mortgage term ? 30 years

Maintenance fee (hoitovastike) ? 450 €/mo

Capital fee (pääomavastike) ? 0 €/mo

Home appreciation / yr ? 2.0%

One-time purchase costs ? 3 500 €

Annual repairs / maintenance ? 1 500 €/yr

Using BSP / ASP loan

Finnish first-home savings scheme. The state subsidises ~1% of interest for 10 years. Adjust your interest rate down by 0.5–1% to reflect this.

Monthly rent ? 1 400 €/mo

Annual rent increase ? 2.0%/yr

Annual investment return ? 6.0%

Monthly investment amount

The renter invests the difference between the buyer's monthly total cost and the rent. If renting is already cheaper, no extra investing is assumed.

Initial investment: The renter invests the down payment + purchase costs 38 500 € from day one instead of using it to buy.

Annual inflation ? 2.0%

Time horizon

After 30 years — nominal net worth

🏠 Buying wins

by €186k (real: €103k)

Buy overtook rent+invest in Year 1

Buy — net worth

€637k

Home equity

Real: €352k

Rent + Invest

€452k

Portfolio value

Real: €249k

Monthly costs — first month

Mortgage payment 1 328 €

↳ interest (pure cost) 788 €

↳ principal (builds equity) 541 €

Maintenance fee (hoitovastike) 450 €

Repairs (monthly avg) 125 €

Total buy cost 1 903 €

Monthly rent 1 400 €

Difference (buy − rent) +503 €

Final figures — after 30 years

Buy scenario

Home value€637k

Remaining loan€0

Net equity€637k

Interest paid€163k

Maintenance paid€162k

Total cash out€724k

Rent + invest

Portfolio value€452k

Total invested€87k

Investment gains€364k

Rent paid€690k

Nominal net worth comparison over 30 years

Same values adjusted for inflation (today's purchasing power)

What-if stress tests

How the result changes if one assumption gets worse. All other inputs remain the same.

+1% interest rate

4.0% rate

Buy €637k

Rent+invest €590k

🏠 Buy wins by €48k

+2% rent increase/yr

4.0% annual rise

Buy €637k

Rent+invest €359k

🏠 Buy wins by €278k

−2% investment return

4.0% return

Buy €637k

Rent+invest €260k

🏠 Buy wins by €377k

+1% inflation

3.0% inflation

Buy €637k

Rent+invest €452k

🏠 Buy wins by €186k

This calculator provides illustrative estimates only and does not constitute financial, tax, or investment advice. Actual loan terms, investment returns, housing prices, inflation, and housing costs may differ significantly from projections.