Renting, or buying — which actually costs less?
Weighs mortgage payments, appreciation, and equity against rent you'll never see again. Finds the year buying overtakes renting.
Adjust assumptionsappreciation, rent growth, costs
Buying breaks even in
—
Net cost of buying
Cumulative rent paid
Net cost of buying at year 20
PKR 0
Rent paid at year 20
PKR 0
"Net cost of buying" is all cash paid (down payment, closing costs, mortgage installments, maintenance) minus your home equity at that point. Renting builds no equity, so its full cumulative cost counts against it. Real outcomes depend on actual market cycles, not a constant appreciation rate.